🏦 Free Lending & Finance Documents
Free lending and finance documents — promissory notes, loan agreements, security agreements, guarantees, settlements and lien waivers. Instant PDF.
Promissory Note (Loan / IOU)
Lending money — or being paid in installments after a sale? PaperKit drafts a proper Promissory Note: a borrower's binding, written promise to repay a lender on stated terms. It's the actual loan instrument a seller-financed sale creates, and it stands alone for any personal or business loan. Pick how it's repaid: amortized installments (PaperKit computes the monthly principal-&-interest payment, the total of payments and the total interest, with an optional balloon), a lump sum at maturity (principal plus accrued interest due on one date — PaperKit shows the total due), or due on demand (payable whenever you call it — PaperKit shows the per-diem and monthly interest accrual). Choose unsecured or secured (add collateral and the right to repossess or foreclose on default), set the interest rate, late fee, grace period and prepayment terms. Hosted online for the borrower to review & e-sign. Clean PDF.
Open tool →Loan Agreement (Personal / Business / Real Estate)
Lending real money and want the full contract — not just an IOU? PaperKit drafts a proper Loan Agreement: the master lending contract a promissory note attaches to, covering the loan, disbursement, interest, fees, covenants, events of default and remedies between a lender and a borrower. Pick how the rate works: fixed (one set annual rate for the life — PaperKit computes the monthly principal-&-interest payment, total of payments and total interest), variable (an index plus your margin — PaperKit computes the current all-in rate and the payment at that rate, with an optional floor and cap), or balloon (amortized on a longer schedule but the whole balance is due on an earlier date — PaperKit estimates the balloon balance due). Choose the purpose — personal, business, or real estate — and set the principal, term, disbursement (lump sum or draws), origination and late fees, default rate and prepayment terms. Hosted online for the borrower to review & e-sign. Clean PDF.
Open tool →Security Agreement (UCC-1 Collateral)
Lending against collateral — or backing a note or loan with real security? PaperKit drafts a proper Security Agreement: the Article-9 document where a debtor grants a secured party a security interest in described collateral, authorizes the UCC-1 financing statement, and agrees to default and foreclosure remedies. It's what actually perfects the collateral behind a secured promissory note or loan agreement. Pick what the collateral is: specific (a listed item, piece of equipment or vehicle — describe it by make, model and serial/VIN), blanket (ALL assets now owned or later acquired — the classic all-asset lien, with the full Article-9 category list), or after-acquired (your present collateral plus a clause that sweeps in property you acquire later, and proceeds). Choose how it's perfected — a UCC-1 filing, possession/pledge, or control of deposit/investment accounts — flag a purchase-money security interest, and name the obligation it secures. Hosted online for the debtor to review & e-sign. Clean PDF.
Open tool →Guaranty Agreement (Personal / Corporate)
Lending to a business — or being asked to personally back a loan? PaperKit drafts a proper Guaranty Agreement: the doc where a guarantor guarantees a borrower's obligation under a promissory note, loan agreement or line of credit to a creditor. It's the personal guaranty behind almost every small-business loan. Pick the kind of guaranty: guaranty of payment (the creditor can come straight after the guarantor the moment the borrower defaults, without suing the borrower or chasing collateral first), guaranty of collection (the creditor must first exhaust its remedies against the borrower and any collateral before pursuing the guarantor — PaperKit adds the conditions-to-pursuit section with a borrower cure window), or limited (capped liability — PaperKit computes the effective cap as the lesser of a dollar cap and a percentage of the guaranteed obligation). Choose whether the guarantor is an individual (a personal guaranty) or a corporate entity, whether it's a continuing guaranty that covers future advances, and whether the usual presentment/demand/notice waivers apply. Hosted online for the guarantor to review & e-sign. Clean PDF.
Open tool →Settlement & Release Agreement
Settle a dispute, a defaulted debt, or a claim the clean way. PaperKit drafts a proper Settlement & Release Agreement: two parties resolve their differences, a paying party pays a settlement amount, and — in exchange — the parties exchange releases of claims, with no admission of liability. Pick how it's paid: a lump sum by a date, an installment schedule (PaperKit computes the per-payment amount, folds any rounding into the final payment, totals it, and adds a Payment Schedule & Acceleration section so the whole balance comes due on a missed payment), or a mutual walk-away where no money changes hands and each side simply releases the other. Choose the release scope: a general release of all claims known & unknown (with a §1542-style waiver of unknown claims), a claim-specific release limited to the described dispute, or a mutual release. Add confidentiality & non-disparagement and a no-admission clause. Hosted online for the releasing party to review & e-sign. Clean PDF.
Open tool →Subordination Agreement
Taking on new senior financing, or lending behind an existing lender? PaperKit drafts a proper Subordination Agreement: a junior creditor agrees its debt and/or its lien against a common debtor ranks BEHIND a senior creditor's. It's the lending-branch companion to a security agreement and a personal guaranty. Pick what's subordinated: full debt subordination (the junior debt sits entirely behind the senior debt — no payments on it until the senior debt is paid in full), lien priority only (the junior keeps its ordinary payment rights, but its lien ranks behind the senior lien regardless of filing order), or payment subordination with blockage (the junior is paid in the ordinary course until a senior default triggers a payment-blockage notice and a standstill). Choose the context — a commercial loan, a real-estate/mortgage subordination, or an intercreditor deal — set the two debt amounts and the standstill window, and PaperKit computes the combined debt and the junior tranche's share, adds standstill-on-enforcement and turnover-of-payments protection, and assembles the whole agreement. Hosted online for the junior creditor to review & e-sign. Clean PDF.
Open tool →Forbearance Agreement
A borrower has fallen behind, and you'd rather work it out than foreclose or accelerate? PaperKit drafts a proper Forbearance Agreement: the lender agrees to temporarily hold off on its remedies for a set forbearance period, in exchange for the borrower's acknowledgment of the debt and the default and a plan to get current. Pick the workout: a standstill (the lender simply holds off while a longer-term fix is worked out), a cure plan (the borrower catches up the arrears over the period — PaperKit computes the monthly catch-up installment), or a paydown (a lump-sum paydown up front plus modified payments, with the remaining balance computed for you). Choose the context — a commercial loan, a real-estate/mortgage workout, or equipment financing — set the outstanding balance, the arrears and the period, and PaperKit adds acknowledgment-and-reaffirmation, forbearance-default reactivation, no-waiver/reservation-of-rights and a borrower release, then assembles the whole agreement. Hosted online for the borrower to review & e-sign. Clean PDF.
Open tool →Loan Modification Agreement
A borrower needs a permanent fix — not just a temporary forbearance — to keep the loan on track? PaperKit drafts a proper Loan Modification Agreement: the lender and borrower permanently amend the loan's economic terms going forward. Pick what changes: a rate change (a new interest rate going forward — PaperKit recomputes the amortized monthly payment at the new rate), a maturity extension (stretch the term to lower the payment — PaperKit re-amortizes over the extended term), or capitalize arrears (roll the past-due amounts into principal to bring the loan current — PaperKit computes the new principal and payment). Choose the context — a commercial loan, a real-estate/mortgage modification, or a consumer loan — set the outstanding balance, rate and remaining term, and PaperKit computes the new principal-and-interest payment, adds acknowledgment-and-reaffirmation, a liens-continue/no-novation clause and the modified payment schedule, then assembles the whole agreement. It's the lending-branch companion to the forbearance agreement (the permanent restructure that follows the temporary hold-off). Hosted online for the borrower to review & e-sign. Clean PDF.
Open tool →Deed in Lieu of Foreclosure Agreement
A modification or forbearance wasn't enough and the loan can't be saved — but you'd rather not spend months and money on a foreclosure? PaperKit drafts a proper Deed in Lieu of Foreclosure Agreement: the borrower voluntarily conveys the mortgaged property back to the lender to satisfy or reduce the debt and avoid foreclosure. Pick the settlement: full satisfaction (the conveyance wipes out the debt and the lender releases the borrower), partial reduction (the property is credited at its agreed value and PaperKit computes the surviving deficiency the borrower still owes), or cash for keys (the lender pays a relocation incentive for a clean, timely move-out). Choose the context — a residential or a commercial mortgage — set the outstanding balance, the property value and the move-out date, and PaperKit adds a voluntary/arm's-length estoppel affidavit, an anti-merger/preservation-of-remedies clause, a borrower release and the conveyance, possession and representation sections, then assembles the whole agreement. It's the workout-branch rung after the loan modification (when the property has to go back). Hosted online for the borrower/grantor to review & e-sign. Clean PDF.
Open tool →Release of Lien / Satisfaction of Mortgage
The debt has been paid off and now you need to clear the lien of record so the owner gets clean title? PaperKit drafts a proper, recordable Release of Lien: the lienholder certifies the secured obligation is satisfied and releases its lien. Pick the lien: a satisfaction of mortgage / release of deed of trust (recites the recorded mortgage and its book/page/instrument no.), a UCC-3 termination / release of security interest (recites the UCC-1 file no.), a release of a mechanic's / construction lien (recites the claim and the property improved), or a release / satisfaction of a judgment lien (recites the judgment and court/case no.). Choose the scope — a full release that satisfies and discharges the whole lien, or a partial release of a specific parcel or item of collateral while the lien continues on the rest (PaperKit computes the remaining secured balance). Add an acknowledgment-of-payment / paid-in-full recital, a waiver of further claims, and an authorization-to-record direction to the recorder or filing office, and PaperKit assembles the whole instrument. Unlike the other docs, the LIENHOLDER is the one who executes and e-signs it — it's a recordable certificate that closes out the deal. Hosted online for the lienholder to review & e-sign. Clean PDF.
Open tool →Lien Waiver (Conditional / Unconditional · Progress / Final)
Getting paid on a construction job and the owner, GC or lender wants a lien waiver before they cut the check? PaperKit drafts the exact statutory waiver: the claimant (a general contractor, subcontractor or material supplier) waives and releases its mechanic's-lien, payment-bond and stop-notice rights in exchange for payment. Pick the form — the single most important choice on any construction payment: a conditional waiver on a progress payment (effective only once the check actually clears, covering work through a date), an unconditional waiver on a progress payment (effective the instant it's signed — never sign it before you're paid), a conditional waiver on final payment, or an unconditional waiver on final payment (releases everything, including retention). Conditional vs unconditional is an effectiveness switch (does it bite before the money is in hand?); progress vs final is a scope switch (this draw only, or the whole job). Choose the role, set the contract amount, this payment, amount paid to date and retention %, and PaperKit computes the retention (reserved on a progress waiver, released on a final one) and the remaining unpaid balance, adds a reserved/excepted-claims carve-out for disputed extras and pending change orders, and assembles the whole waiver. The claimant is the one who executes and e-signs it. Hosted online for the claimant to review & e-sign. Clean PDF.
Open tool →UCC-3 Financing Statement Amendment
Filed a UCC-1 to perfect a security interest and now need to keep it alive, change it, hand it off or end it? PaperKit drafts the exact UCC-3 statement the secured party files against the original financing statement. Pick the filing-lifecycle action — a continuation (continue the UCC-1's effectiveness for another five years; must be filed in the six months before it lapses — PaperKit computes the lapse year from the original filing year and the new continued-through year), an amendment (change what's on file — add, delete or restate the collateral, or change a debtor/secured-party name or address), an assignment (assign your rights and power as secured party to an assignee), or a termination (the financing statement is no longer effective — the Article-9 close-out). For an amendment, choose whether you're adding, deleting or restating collateral, and PaperKit builds the change section (with a debtor-authorization recital where UCC § 9-509 requires it to add collateral). Recite the UCC-1 file number, filing office and date, set the collateral, and PaperKit assembles the whole statement with an authorization-to-file direction to the filing office. Unlike most docs, the SECURED PARTY is the one who executes and e-signs it — a one-party filing certificate that maintains the whole UCC / Article-9 branch. Hosted online for the secured party to review & e-sign. Clean PDF.
Open tool →Deed of Reconveyance / Full Reconveyance
The mortgage loan is paid off and the property is held under a deed of trust — now you need to clear it off title so the owner holds clean title? In deed-of-trust states a mortgage isn't just a two-party lien: a neutral trustee holds legal title as security, and when the note is paid the lender (beneficiary) directs that trustee to reconvey. PaperKit drafts the exact recordable Deed of Reconveyance the trustee executes. Pick the scope — a full reconveyance (the note is paid in full, the trustee reconveys the whole property and the deed of trust is released of record) or a partial reconveyance (only a specific parcel or lot is released from the deed of trust while it continues on the rest, and PaperKit computes the remaining secured balance). Choose residential or commercial, recite the deed of trust (with its recording book/page/instrument number), the promissory note, the trustor, the beneficiary and the trustee, and PaperKit adds a satisfaction recital, a beneficiary-direction recital and an authorization-to-record direction, then assembles the whole instrument. Unlike the other docs, the neutral TRUSTEE — not the lender or the borrower — is the one who executes and e-signs it. Hosted online for the trustee to review & e-sign. Clean PDF.
Open tool →Substitution of Trustee (Reconveyance / Foreclosure / Administration)
The property is held under a deed of trust and you need to change the trustee — the lender (beneficiary) has the power to appoint a successor trustee, and this is the recordable instrument that does it. Unlike the reconveyance (which the trustee signs), the Substitution of Trustee is drafted and e-signed by the BENEFICIARY. Pick the purpose: appoint a successor to reconvey once the loan is paid (the combined “Substitution of Trustee and Full Reconveyance”), appoint a foreclosure trustee to proceed under the power of sale after a default, or appoint a successor for general administration when the original trustee has resigned or cannot act. Choose residential or commercial, recite the deed of trust (with its recording book/page/instrument number), the note, the trustor, the original trustee and the newly appointed successor trustee, and PaperKit adds the appointment, a purpose-specific direction (to reconvey with a paid-in-full recital, or to foreclose with the amount in default), and an acceptance-by-successor block, then assembles the whole instrument. Hosted online for the beneficiary to review & e-sign. Clean PDF.
Open tool →Notice of Default & Election to Sell / Notice of Trustee's Sale
A deed-of-trust loan has gone into default and you need to start the non-judicial foreclosure — this is the recordable, served notice that opens the power-of-sale clock. In deed-of-trust states the lender (beneficiary) directs the foreclosure trustee to give notice, and PaperKit drafts the exact instrument the trustee records and serves. Pick the stage: a Notice of Default and Election to Sell (recite the default, DEMAND reinstatement of the past-due arrears plus fees by a cure deadline — PaperKit adds them up for you — and elect to sell under the power of sale), or, once the cure period has expired, a Notice of Trustee's Sale that sets the auction date, time and place and the total unpaid balance. Choose residential or commercial, recite the deed of trust (with its recording book/page/instrument number), the note, the trustor / borrower in default, the beneficiary and the trustee, and PaperKit assembles the whole notice with the default recital, the reinstatement / cure demand, the election-to-sell (or sale-details) section and a borrower-rights section. Like the reconveyance, the neutral foreclosure TRUSTEE — not the lender or the borrower — is the one who executes and e-signs it; the borrower is the party served. Hosted online for the trustee to review & e-sign. Clean recordable PDF.
Open tool →UCC-1 Initial Financing Statement (Perfect a Security Interest)
Lending money, financing equipment, factoring receivables or taking any security interest in a business’s property? Before your lien is good against the world you have to PERFECT it — and that means filing a UCC-1 financing statement, the original public notice under Article 9 of the Uniform Commercial Code, with the filing office (usually the Secretary of State). PaperKit drafts that exact statement. It’s the root of the whole UCC branch — the original that a UCC-3 continuation, amendment, assignment or termination later maintains. Pick what your lien COVERS and PaperKit reframes the whole collateral section and the title: an all-assets / blanket lien on all of the debtor’s personal property, now owned or hereafter acquired, and all proceeds; specific collateral you describe (equipment, inventory, accounts, a named machine); or a fixture filing on goods affixed to real estate (filed in the real-property records, reciting the legal description and record owner under UCC § 9-502(b)). Then pick how the DEBTOR is identified — a registered organization (named by its EXACT name on its public organic record, with its state of registration and org ID — the single most common cause of a rejected, seriously-misleading filing) or an individual. Name the secured party, name the debtor, set the collateral and the filing office, and PaperKit assembles the full statement: debtor and secured-party identification, the collateral, a proceeds recital, a perfection-and-duration recital (it computes the 5-year lapse year from your filing year, UCC § 9-515), an authorization-to-file direction, and the debtor’s authorization under UCC § 9-509. Like the UCC-3, the SECURED PARTY is the one who executes and e-signs it — a one-party filing certificate. Hosted online for the secured party to review & e-sign. Clean PDF. (Debtor-name rules, the correct filing office and fixture-filing recording all vary by state and by debtor type — confirm your state’s Article 9 rules and the filing office’s requirements.)
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