debt
confidence high
sentiment neutral
materiality 0.45
CFN Enterprises borrows $250,000 via 12% unsecured promissory note due Dec 2024
CFN Enterprises Inc.
- Borrowed $250,000 on Oct 19, 2021 under an unsecured promissory note.
- Note bears 12% annual interest, payable monthly starting Dec 1, 2021.
- Principal due at maturity on Dec 31, 2024; prepayment allowed without penalty.
- Note contains standard default provisions including nonpayment and change of control.