Houston Chronicle

What Is a Convertible Promissory Note?

Companies can tap a variety of financing options to obtain the necessary funding to help start or grow their businesses. Financing options generally involve some sort of debt or equity. However, ...
Houston Chronicle

Can a Lender Still Enforce a Debt Without the Promissory Note?

When you take out a mortgage, or any other kind of loan, the law requires you to sign a document that signifies your agreement to repay the money. The promissory note represents a binding legal ...
Nasdaq

Resonate Blends Closes on Promissory Note and Retires Convertible Debt

First and foremost, we at Resonate Blends would like to remind all of us that we are part of community that begins locally, expands across the country and ultimately beyond our shores to the rest of ...
Nasdaq

SinglePoint Restructures Toxic Debt with Existing Secured Convertible Promissory Notes, Eliminating Additional Conversions Under the Note, Positioning the Company for Long Term ...

PHOENIX, Oct. 20, 2020 /PRNewswire/ -- SinglePoint Inc. (OTC:SING) announces the Company has restructured two current secured convertible promissory notes (the "Notes") which eliminated a large ...
Forbes

Should I Use SAFEs Or Convertible Promissory Notes For My Startup's First Investment Round?

Startups raising their first round of capital have to decide which type of investment vehicle to use. The two most popular options are convertible promissory notes and SAFEs, or simple agreement for ...