Unsecured Promissory Note Lump Sum Payment Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Unsecured Promissory Note Lump Sum Payment

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Unsecured Promissory Note Lump Sum Payment

"I need an Unsecured Promissory Note Lump Sum Payment under Singapore law for a SGD 250,000 business loan to be repaid in full on March 15, 2025, with a 5% annual interest rate and standard default provisions."

Document background
An Unsecured Promissory Note Lump Sum Payment is commonly used in Singapore for documenting straightforward lending arrangements where collateral is not required or practical. This document is particularly useful for business loans, personal lending, or commercial transactions where parties have established trust. The note specifies the principal amount, interest rate (if any), and the single future date when full payment is due. Under Singapore law, this instrument creates a legally enforceable obligation while providing flexibility in terms of interest rates and payment terms, subject to local regulatory limits.
Suggested Sections

1. Parties: Identifies the lender and borrower with full legal names and addresses

2. Background: Brief context of the loan arrangement

3. Definitions: Key terms used in the document

4. Promise to Pay: Core obligation stating principal amount and payment terms

5. Interest Rate: Specified interest rate and calculation method

6. Payment Terms: Due date and payment method for lump sum

7. Events of Default: Circumstances constituting default

8. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Late Payment Penalties: Additional charges for late payment - include when lender wants to impose specific penalties

2. Prepayment Terms: Conditions for early repayment - include when early repayment is to be permitted

3. Assignment: Rights to assign the note to third parties - include when note may be transferred

4. Representations and Warranties: Borrower's confirmations about their status and capacity - include for larger loans or commercial context

Suggested Schedules

1. Payment Schedule: Details of payment date and amount

2. Interest Calculation: Detailed method of interest calculation if complex

3. Notice Details: Contact information for formal notices

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Civil Law Act (Cap. 43): Primary legislation governing contracts and interest rates in Singapore. Essential for establishing the basic legal framework for the promissory note.

Moneylenders Act (Cap. 188): While not directly applicable unless involving licensed moneylenders, provides important guidelines on interest rate caps and loan documentation requirements in Singapore.

Singapore Contract Law: Common law principles as applied in Singapore, covering contract formation, validity, and enforcement requirements.

Statute of Limitations Act (Cap. 163): Sets the 6-year limitation period for contractual claims, crucial for enforcement timeline of the promissory note.

Singapore Law of Property: Governs rules regarding unsecured debts and their enforcement in Singapore's legal context.

Unfair Contract Terms Act (Cap. 396): Ensures terms in the promissory note are fair and enforceable under Singapore law.

MAS Regulations: Monetary Authority of Singapore regulations that may apply if the note involves regulated financial activities.

AML/CFT Requirements: Anti-Money Laundering and Countering Financing of Terrorism requirements that may be relevant to the transaction.

Evidence Act (Cap. 97): Specifies requirements for documentary evidence that may affect how the promissory note should be documented.

Rules of Court: Procedural rules relevant to enforcement of the promissory note in Singapore courts.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Unsecured Promissory Note

find out more

Trust Deed And Note

find out more

Standard Promissory Note

find out more

Secured Promissory Note

find out more

Promissory Sale And Purchase Agreement

find out more

Promissory Note Without Interest

find out more

Promissory Note With Notary

find out more

Promissory Note Seller Financing

find out more

Promissory Note Rental Payment

find out more

Promissory Note Letter For Delayed Payment

find out more

Promissory Note For Tuition Fee With Partial Payment

find out more

Promissory Note For Late Payment Of Tuition Fee

find out more

Promissory Note For Lacking Documents

find out more

Promissory Note For Delayed Payment

find out more

Promissory Note For Delayed Documents

find out more

Promissory Note For Car

find out more

Promissory Note Compound Interest

find out more

Promissory Letter For Hospital Bill

find out more

Promissory Deed

find out more

Promise Promissory Note For Hospital Bill

find out more

Note Trust Deed

find out more

Negotiable Promissory Note

find out more

Non Negotiable Promissory Note

find out more

Installment Payment Promissory Note

find out more

Hospital Bill Promissory Note

find out more

Government Promissory Note

find out more

Financial Promissory Note

find out more

Convertible Promissory Note

find out more

Bank Promissory Note

find out more

Balloon Promissory Note

find out more

Simple Note Payable Agreement

find out more

Senior Promissory Note

find out more

Promissory Note With Personal Guarantee

find out more

Promissory Note Mortgage

find out more

Promissory Note Monthly Payments

find out more

Promissory Note For Property

find out more

Payable On Demand Promissory Note

find out more

Non Recourse Promissory Note

find out more

Full Recourse Promissory Note

find out more

Promissory Note In English

find out more

Unsecured Promissory Note Lump Sum Payment

find out more

Promissory Note Signed By Borrower Only

find out more

Promissory Note For Down Payment

find out more

Letter Of Promissory Note For Tuition Fee

find out more

Partial Recourse Promissory Note

find out more

6 Month Promissory Note

find out more

Promissory Note For Partial Payment

find out more

Replacement Promissory Note

find out more

Promissory Note For Land Purchase

find out more

Forgivable Promissory Note

find out more

Amended Promissory Note

find out more

Promissory Note With Payment Schedule

find out more

Grid Promissory Note

find out more

Registered Promissory Note

find out more

Simple Promise To Pay Agreement

find out more

Promissory Note Payable

find out more

Promissory Note For Shares

find out more

Promissory Certificate

find out more

Owner Financing Promissory Note

find out more

Promissory Note Between Family Members

find out more

Non Interest Bearing Promissory Note

find out more

Intercompany Promissory Note

find out more

Simple Promissory Note No Interest

find out more

Promissory Note With Interest

find out more

No Interest Promissory Note

find out more

I Owe You Promissory Note

find out more

Equity Promissory Note

find out more

Employee Loan Promissory Note

find out more

Unsecured Convertible Promissory Note

find out more

Subordinated Promissory Note

find out more

Guarantee Promissory Note

find out more

Demand Note Payable

find out more

Commercial Promissory Note

find out more

Letter Of Credit Promissory Note

find out more

Revolving Line Of Credit Promissory Note

find out more

Promissory Note Loan Agreement

find out more

Convertible Loan Note Agreement

find out more

Secured Loan Note

find out more

Revolving Promissory Note

find out more

Line Of Credit Promissory Note

find out more

Promissory Contract

find out more

Unsecured Loan Note

find out more

Promissory Note For Personal Loan

find out more

Discount Promissory Note

find out more

Demand Promissory Note

find out more

Bond Promissory Note

find out more

Promise To Pay Agreement

find out more

Promissory Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.