Add Payment Agreement Signature Block with airSlate SignNow

Add Payment Agreement signature block

a deal is not done when the client agrees to pay you a deal is done when the money lands in the bank account but sometimes it's not that clear payment terms need to be negotiated and in order to get paid sometimes you need a thing called a payment agreement that's what today's video is about thanks to the signaturely guys they gave us a free payment agreement contract that you can use in your freelancing and your negotiation so you don't have to hire a lawyer you can just use this one instead and that's what i want to cover in today's video what is a payment agreement why do you need one and also to share this link with you so you can get one for free from one of our favorite sponsors signaturely but first a little about signaturely signaturely is the best e-sign tool on the market you can use it to get all of your e-signed contracts done and they give you three free signed contracts every single month so if you need some signatures for your contracts signature lease a place to go and the best way to sign up for them is in the description down below and help support the channel at the same time it's absolutely free to sign up what is a payment agreement a payment agreement is a legal contract that details the terms of installment payments between the lender and the payer so basically if you're an agency and somebody is going to pay you for your project this will show the payment terms if you're lending somebody money this will show when exactly they're paying you back this much in month one this much in month two etc etc etc all the way down very detailed inside this contract so that if a missed payment happens deep in the contract then we know exactly what to do these type of contracts can be used both in personal and commercial transactions and when i say lender and payer or creditor and debiter these could be any two people that fit those rules you don't have to be giving a bank loan to call yourself a lender and you don't need to be borrowing money to call yourself a payer and you could just be anyone that fits that role anytime you're giving services that are worth money in exchange for a payment later than this applies to you why is a payment agreement important well borrowing money is one of the most important financial transactions in society today whether it's borrowing money from your parents or making a deal with a potential business partner debt exists in much of our dealings and it's not always monetary debt sometimes it's time debt like i'm gonna put in all of this time and then you're gonna pay me at the end so basically i'm loaning you the money through putting in my labor so that's the way to think...