The Balloon Promissory Note is a specialized financial instrument used in the Netherlands when parties wish to structure a loan with lower periodic payments and a larger final payment. This document type is particularly useful in situations where borrowers anticipate increased future income or asset liquidation, or when immediate cash flow management is crucial. The note must comply with Dutch civil law requirements and financial regulations, making it essential to properly document all terms, including the payment schedule, interest calculations, and especially the balloon payment terms. It's commonly used in both commercial and personal lending contexts, though additional requirements apply when used with consumers. The document serves as evidence of debt and outlines the rights and obligations of all parties involved, making it a crucial tool in Dutch financial transactions.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the Lender and Borrower with full legal names and addresses
2. Background: Brief context of the loan arrangement and relationship between parties
3. Definitions: Key terms used in the note, including 'Balloon Payment', 'Maturity Date', 'Interest Rate', etc.
4. Promise to Pay: Core obligation stating the principal amount, interest rate, and commitment to repay
5. Payment Terms: Detailed payment schedule including regular payment amounts and the balloon payment amount
6. Balloon Payment: Specific terms regarding the final balloon payment, including amount and due date
7. Interest Calculation: Method of calculating interest and frequency of compounding
8. Prepayment: Terms and conditions for early repayment of the note
9. Default: Definition of default events and consequences
10. Remedies: Lender's rights and remedies in case of default
11. Governing Law: Specification of Dutch law as governing law
12. Execution: Signature blocks and date of execution
1. Security: Include when the note is secured by collateral
2. Guarantor: Include when there is a third-party guarantor for the loan
3. Late Payment Charges: Include when specific penalties for late payments are applicable
4. Tax Provisions: Include when specific tax considerations need to be addressed
5. Assignment: Include when transfer rights need to be specifically addressed
6. Notices: Include when formal communication procedures need to be established
7. Force Majeure: Include when circumstances affecting payment capability need to be addressed
8. Consumer Protection Clauses: Include when the borrower is a consumer rather than a business
1. Payment Schedule: Detailed amortization table showing all regular payments and the balloon payment
2. Calculation Method: Detailed explanation of interest calculation method and examples
3. Security Details: If applicable, detailed description of any collateral securing the note
4. Guarantor Information: If applicable, detailed information about the guarantor and guarantee terms
Find the exact document you need
Promissory Note For Real Estate Purchase
A Dutch law-governed promissory note documenting a buyer's formal promise to pay for real estate property, combining debt instrument and property purchase elements.
Download
Promissory Note For Vehicle Purchase
A Dutch law-governed financial instrument documenting a buyer's promise to pay for a vehicle purchase, incorporating payment terms and security interests.
Download
Basic Promissory Note
A Dutch law-governed written promise to pay a specified sum of money, establishing a legally binding debt obligation between parties.
Download
Cash Promissory Note
A Dutch law-governed financial instrument containing an unconditional promise to pay a specified sum of money, structured according to Netherlands legal requirements.
Download
Installment Promissory Note
A Dutch law-governed document establishing a debt obligation with scheduled installment payments, including principal amount, interest rate, and payment terms.
Download
International Promissory Note
A Dutch law-governed promissory note containing an unconditional promise to pay a specified sum, designed for international business transactions.
Download
Unsecured Promissory Note
A Dutch law-governed Unsecured Promissory Note establishing a borrower's obligation to repay a specified sum to a lender without collateral.
Download
Standard Promissory Note
A Dutch law-governed written promise to pay a specified sum of money, creating a legally binding debt obligation between parties.
Download
Promissory Note Without Interest
A Dutch law-governed financial instrument documenting a promise to pay a specific sum of money without interest, providing a legally binding commitment between maker and payee.
Download
Financial Promissory Note
A Dutch law-governed financial instrument documenting a binding promise to pay a specific sum of money, structured according to Netherlands legal requirements.
Download
Balloon Promissory Note
A Dutch law-governed debt instrument documenting a loan agreement with regular payments and a larger final balloon payment, structured under the Burgerlijk Wetboek.
Download
Simple Note Payable Agreement
A Dutch law-governed agreement establishing a debt obligation between parties, detailing loan amount, interest, and repayment terms.
Download
Senior Promissory Note
A Dutch law-governed debt instrument documenting a senior borrowing obligation with priority payment status, detailing principal, interest, and enforcement terms.
Download
Promissory Note With Personal Guarantee
A Dutch law-governed document combining a promise to pay a specified sum with a personal guarantee, establishing both primary debt obligations and secondary guarantee commitments.
Download
Promissory Note With Collateral
A Dutch law-governed debt instrument combining a promise to pay with security interest in collateral, creating both payment obligations and enforceable security rights.
Download
Promissory Note Mortgage
A Dutch law governed document combining a promissory note with a mortgage security interest, requiring notarial execution and registration in the Netherlands.
Download
Non Recourse Promissory Note
A Dutch law-governed promissory note limiting the lender's recovery rights exclusively to specified collateral assets, establishing debt terms and security arrangements.
Download
Loan Promissory Note
A Dutch law-governed document evidencing a debt obligation and containing a formal promise to repay a specified sum under defined terms and conditions.
Download
Loan Note Document
A Dutch law-governed debt instrument documenting terms of borrowing, repayment obligations, and associated rights and obligations between an Issuer and Noteholder(s).
Download
Simple Promissory Letter
A legally binding document under Dutch law containing a promise to pay a specified sum of money, typically used in lending arrangements.
Download
Secured Demand Promissory Note
A Dutch law-governed financial instrument documenting a secured promise to pay a specified sum on demand, combining a promissory note with security interests.
Download
Demand Promissory Note Loan Agreement
A Dutch law-governed agreement combining a loan agreement with a promissory note, enabling the lender to demand repayment at any time.
Download
Trust Promissory Note
A Dutch law-governed document combining a trust arrangement with a promissory note, establishing payment obligations and trustee responsibilities.
Download
Secured Convertible Promissory Note
A Dutch law-governed secured debt instrument that can convert to equity, combining loan terms with security rights and conversion mechanisms.
Download
Promissory Note With Payment Schedule
A Dutch law-governed financial instrument documenting a promise to pay with specified payment terms and schedule, incorporating requirements of the Dutch Civil Code.
Download
Contingent Promissory Note
A Dutch law-governed financial instrument containing a conditional promise to pay a specified sum upon satisfaction of predetermined contingencies.
Download
Cash Advance Promissory Note
A Dutch law-governed promissory note documenting a cash advance agreement, including repayment terms and conditions between lender and borrower.
Download
Promissory Note Payable
A Dutch law-governed financial instrument documenting a legally binding promise to pay a specified sum of money under defined terms and conditions.
Download
Promissory Note For Shares
A Dutch law-governed document evidencing a promise to issue or transfer specified shares at a future date, including terms and conditions of the share transfer.
Download
Promissory Note Between Family Members
A Dutch law-governed promissory note documenting loan terms between family members, ensuring legal compliance while maintaining family relationships.
Download
Non Interest Bearing Promissory Note
A Dutch law-governed financial instrument documenting a promise to pay a specified sum without interest, creating a legally binding obligation between the promisor and promisee.
Download
Intercompany Promissory Note
A Dutch law-governed promissory note documenting an intragroup lending arrangement between affiliated companies, establishing payment obligations and terms.
Download
Simple Promissory Note No Interest
A Dutch law-governed promissory note documenting an interest-free loan agreement between parties, establishing repayment terms and obligations.
Download
Promissory Note With Interest
A Dutch law-governed financial instrument documenting a promise to pay a specified sum with interest, establishing repayment terms and obligations between parties.
Download
No Interest Promissory Note
A Dutch law-governed document evidencing a promise to repay a specific sum of money without interest charges.
Download
Unsecured Convertible Promissory Note
A Dutch law convertible note agreement that allows for the conversion of an unsecured loan into company equity under specified terms and conditions.
Download
Subordinated Promissory Note
A Dutch law debt instrument documenting a subordinated promise to pay, incorporating subordination provisions and Dutch legal requirements for debt obligations.
Download
Purchase Promissory Note
A Dutch law-governed negotiable instrument containing a purchaser's promise to pay a specified sum to a seller, arising from a purchase transaction.
Download
Guarantee Promissory Note
A Dutch law-governed document combining a promissory note with a third-party guarantee, providing enhanced security for payment obligations.
Download
Demand Note Payable
A Dutch law-governed financial instrument documenting a debt obligation that is payable upon demand by the lender.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)