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Promissory Note Toolbox

This guide gives you all the tools you need to create an effective promissory note for financing your farmland purchase. This is a pdf version of the online resource of the same name, provided for easy distribution to your agricultural community. The pdf uses the old title, “Financing Your Farm Operation Through Personal Loans: Promissory Notes,” but the content is the same.

If you’re financing farmland with money from family or friends, it’s more critical than ever to memorialize this relationship. A promissory note is the way to do this! This guide provides the legal tools you need to create a promissory note, including a checklist, sample promissory note, and a story to illustrate its utility.