EXHIBIT 10.7

                                 PROMISSORY NOTE

$3,000,000.00                                                      April 1, 2003

      FOR VALUE RECEIVED, on or before April 1, 2008 (the "MATURITY DATE"), the
undersigned, FIND/SVP, INC., a New York corporation ("MAKER"), promises to pay
to the order of PETRA MEZZANINE FUND, L.P., a Delaware limited partnership
("PAYEE"; Payee and any subsequent holder[s] hereof are hereinafter referred to
individually and collectively as "HOLDER"), by automatic debit to Payee's
account number 1011832 at Pinnacle National Bank, Nashville, Tennessee, ABA
Routing Number 064008637, or at such other place as Holder may designate to
Maker in writing from time to time, the principal sum of THREE MILLION AND
NO/100THS DOLLARS ($3,000,000.00), together with interest on the outstanding
principal balance hereof from the date hereof at the rate of thirteen and
one-half percent (13.5%) per annum (computed on the basis of a 360-day year
consisting of twelve (12) 30-day months, to the extent permitted by applicable
law).

      Interest on the outstanding principal balance hereof shall be due and
payable monthly, in arrears, with the first installment being payable on the
last business day of the month hereof, and subsequent installments being payable
on the last business day of each succeeding month thereafter until the
indebtedness evidenced hereby has been fully repaid. Principal payments in the
amount of $250,000.00 shall be due and payable quarterly, with the first
installment being payable on March 31, 2006, and subsequent installments being
payable on the last business day of each succeeding third (3rd) month thereafter
until the indebtedness evidenced hereby has been fully repaid. On the Maturity
Date, the entire outstanding principal balance, together with all accrued and
unpaid interest, shall be immediately due and payable in full.

      The indebtedness evidenced hereby may be prepaid in whole or in part, at
any time and from time to time, without premium or penalty. Any such prepayments
shall be credited first to any accrued and unpaid interest and then to the
outstanding principal balance hereof, in inverse order of maturity.

      Reference is here made to that certain Loan Agreement of even date
herewith, by and between Payee and Maker (together with any and all amendments,
modifications, supplements, extensions, renewals, substitutions and/or
replacements thereof, herein referred to as the "LOAN AGREEMENT"; capitalized
terms used but not otherwise defined herein shall have the same meanings as in
the Loan Agreement). This Note is the "Note" as defined and referred to in the
Loan Agreement, and this Note is entitled to the benefits and security of, and
is secured by, the Loan Agreement, the other Security Documents and the other
Loan Documents.

      Upon the occurrence of any Event of Default, the entire outstanding
principal balance of the indebtedness evidenced hereby, together with any other
sums advanced hereunder, under the Loan Agreement and/or under any other
instrument or document now or hereafter evidencing,


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securing or in any way relating to the indebtedness evidenced hereby, together
with all unpaid interest accrued thereon, shall, at the option of Holder and
without notice to Maker, at once become due and payable and may be collected
forthwith, regardless of the stipulated date of maturity. Upon the occurrence of
any Event of Default, at the option of Holder and without notice to Maker, all
accrued and unpaid interest, if any, shall be added to the outstanding principal
balance hereof, and the entire outstanding principal balance, as so adjusted,
shall bear interest thereafter until paid at an annual rate (the "DEFAULT RATE")
equal to the lesser of (1) the rate that is three percentage points (3.0%) in
excess of the above-specified interest rate, or (2) the maximum rate of interest
allowed to be charged under applicable law (the "MAXIMUM RATE"), regardless of
whether there has been an acceleration of the payment of principal as set forth
herein. All such interest shall be paid at the time of and as a condition
precedent to the curing of any such Event of Default.

      In the event this Note is placed in the hands of an attorney for
collection or for enforcement or protection of the security, or if Holder incurs
any costs incident to the collection of the indebtedness evidenced hereby or the
enforcement or protection of the security, Maker and any indorsers hereof agree
to pay to Holder an amount equal to all such costs, including without limitation
reasonable attorney's fees and all court and other costs.

      Presentment for payment, demand, protest and notice of demand, protest and
nonpayment are hereby waived by Maker and all other parties hereto. No failure
to accelerate the indebtedness evidenced hereby by reason of default hereunder,
acceptance of a past-due installment or other indulgences granted from time to
time, shall be construed as a novation of this Note or as a waiver of such right
of acceleration or of the right of Holder thereafter to insist upon strict
compliance with the terms of this Note or to prevent the exercise of such right
of acceleration or any other right granted hereunder or by applicable laws. No
extension of the time for payment of the indebtedness evidenced hereby or any
installment due hereunder, made by agreement with any person now or hereafter
liable for payment of the indebtedness evidenced hereby, shall operate to
release, discharge, modify, change or affect the original liability of Maker
hereunder or that of any other person now or hereafter liable for payment of the
indebtedness evidenced hereby, either in whole or in part, unless Holder agrees
otherwise in writing. This Note may not be changed orally, but only by an
agreement in writing signed by the party against whom enforcement of any waiver,
change, modification or discharge is sought.

      All agreements herein made are expressly limited so that in no event
whatsoever, whether by reason of advancement of proceeds hereof, acceleration of
maturity of the unpaid balance hereof or otherwise, shall the interest and loan
charges agreed to be paid to Holder for the use of the money advanced or to be
advanced hereunder exceed the maximum amounts collectible under applicable laws
in effect from time to time. If for any reason whatsoever the interest or loan
charges paid or contracted to be paid in respect of the indebtedness evidenced
hereby shall exceed the maximum amounts collectible under applicable laws in
effect from time to time, then, IPSO FACTO, the obligation to pay such interest
and/or loan charges shall be reduced to the maximum amounts collectible under
applicable laws in effect from time to time, and any amounts collected by Holder
that exceed such maximum amounts shall be applied to the reduction of the
principal balance remaining unpaid hereunder and/or refunded to Maker so that


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at no time shall the interest or loan charges paid or payable in respect of the
indebtedness evidenced hereby exceed the maximum amounts permitted from time to
time by applicable law. This provision shall control every other provision in
any and all other agreements and instruments now existing or hereafter arising
between Maker and Holder with respect to the indebtedness evidenced hereby.

      This Note is intended as a contract under and shall be construed and
enforceable in accordance with the laws of the State of Tennessee, except to the
extent that federal law may be applicable to the determination of the Maximum
Rate.

      IN WITNESS WHEREOF, Maker has executed this Note, or has caused this Note
to be executed by its duly authorized officer or other representative, as of the
date first above written.

                                              MAKER:

                                              FIND/SVP, INC.


                                              By: /s/ David Walke
                                                  ------------------------------
                                                  Title: Chief Executive Officer


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