Florida Promissory Notes

Create a legally compliant Florida promissory note that complies with state usury limits and includes all required provisions. Choose the note type that fits your lending situation, fill out the guided form, and download your professional PDF for $7.99.

Secured Promissory Note

For loans backed by collateral such as a vehicle, property, or equipment. The lender can seize the collateral if the borrower defaults.

Complies with Florida usury limits (max 18%). Includes collateral description and default remedies.

Create Secured Promissory Note

Unsecured Promissory Note

For loans based solely on the borrower's promise to pay, with no collateral pledged. Common for personal and family loans.

Florida statute of limitations: 5 years. Max interest rate: 18%.

Create Unsecured Promissory Note

Installment Promissory Note

For loans repaid in fixed periodic payments over a set term. Includes a detailed payment schedule with amounts and due dates.

Includes amortization-ready payment terms compliant with Florida usury law (18% max rate).

Create Installment Promissory Note

Demand Promissory Note

Payable in full when the lender demands repayment. No fixed schedule or maturity date. Common for informal arrangements.

Payable on demand under Florida law. Includes usury savings clause and default provisions.

Create Demand Promissory Note

Florida Usury Law and Note Requirements

Max Interest Rate 18%

Rate Description 18% for loans under $500,000; 25% for larger

Default Rate 12%

Penalty for Exceeding Usury Limit Criminal felony if over 25%; double interest civil penalty

Statute of Limitations 5 years

Notarization Required Not required (recommended)

Witness Required Not required

Governing Agency Florida Circuit Courts

Florida usury law is governed by Florida Circuit Courts. The maximum allowable interest rate is 18% (18% for loans under $500,000; 25% for larger). Penalties for exceeding the usury limit include: Criminal felony if over 25%; double interest civil penalty. The statute of limitations for enforcing a promissory note in Florida is 5 years. Notarization is not required but recommended. Our documents are designed to comply with Florida law and include all required provisions.

Create Your Florida Promissory Note

Usury-compliant, professionally formatted, and ready to sign. Download your PDF instantly for $7.99.

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