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This is the screen where you can describe the details of any loans you wish to take in from others. As an individual leading a company, you should be aware that very few ways exist for a company to get money. To learn about these ways, see the blog post How a Company Gets Money?
For most companies, the leaders will have no way to know how much money they'll need from lenders until they generate the first few iterations of their financial plans. Many users of <php>echo $conf['comp_name'];</php> therefore leave this screen blank initially. They complete all the revenue and expense assumption screens, then determine how much money they need to raise from outside, and then return to this screen to enter the actual assumptions.
Here is what the screen looks like:
For each loan, here are the assumptions, you need to enter:
How does a company get money?
Should I get a loan or ask for investments?
Will I need a loan?
How much money should I ask for from lenders?
Will my company be able to borrow money?
Can I pay off a loan with an investment round?
What is a convertible loan?
How to create a convertible loan in Offtoa?
What is a warrant?
How to create a warrant in Offtoa?
Can I create a loan where loan payments start after a year?
What is a revenue-based loan?
What about credit card debt?
Can tenant improvements from the landlord be considered loans?
How do I get more loans to display on each page?
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