Promissory notes can be traded or sold to other investors
Promissory notes can be traded or sold to other investors, like securities. The notes are sold at a discount much lower than their face values to cover the effects of inflation. Depending on the date of the maturity of the note, the money receivable will be worth less in a future date.
There are some investors who only purchase note partially; they buy only a certain number of installment payments, at a discounted value. The note holder is able to raise some money quickly this way, rather than wait for the time of the maturity of the promissory notes.