Promissory Note for unincorporated associations - clubs & charities with interest payable
Promissory Note (with interest) – Unincorporated Association (club/charity)
This Promissory Note (with interest) - Unincorporated Association (club/charity) is suitable for borrowing small amounts from one or more lenders where interest on the loan is to be payable.
This template can be used by a charity or club borrowing from:
• any of its members or supporters;
• any of its management committee or trustees; or
• others more generally. However, private individuals, banks or other organisations might well not agree to lend money to a charity or club which is an unincorporated association because unincorporated associations are not separate legal entities.
This template can only be used by a charity or club which is an unincorporated association. If a charity or club which is a corporate body wishes to raise finance, it should use one of the forms of Promissory Note for a corporate body included in this Subfolder.
Once you have purchased access to the appropriate document folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.