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using-offtoa:assumptions:financial-assumptions:loans [2016/05/28 15:58] mdavis |
using-offtoa:assumptions:financial-assumptions:loans [2016/09/19 13:01] (current) |
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| - Interest rate. The annual percentage rate (APR) for the loan. | - Interest rate. The annual percentage rate (APR) for the loan. | ||
| - Duration, aka term. The number of months over which the loan is being given. | - Duration, aka term. The number of months over which the loan is being given. | ||
| - | - Monthly payment amount (P). If this is a typical bank loan, the monthly payment can be calculated easily from the amount of the loan (L), monthly interest rate %%(c)%%, and duration (n) using the formula (it is designed to pay off the loan in full during the loan's duration): \\ \\ P = L × c × (1 + c)<sup>n</sup> / ((1 + c)<sup>n</sup> - 1) \\ \\ However, many loans acquired by start-ups are personal, and could include no monthly payments (it is designed so that the company pays off the loan in full - the principal plus all accumulated interest - at the end of its duration in one "balloon payment"), in which case, \\ \\ P = 0 \\ \\ could require the company to make monthly payments of interest only (it is designed so that the company pays off the principal of the loan in full at the end of its duration), in which case, \\ \\ P = L × c. | + | - Monthly payment amount (P). If this is a typical bank loan, the monthly payment can be calculated easily from the amount of the loan (L), monthly interest rate %%(c)%%, and duration (n) using the formula (it is designed to pay off the loan in full during the loan's duration): \\ \\ P = L × c × (1 + c)<sup>n</sup> / ((1 + c)<sup>n</sup> - 1) \\ \\ However, some loans acquired by small companies could include no monthly payments (it is designed so that the company pays off the loan in full - the principal plus all accumulated interest - at the end of its duration in one "balloon payment"), in which case, \\ \\ P = 0, \\ \\ or could require the company to make monthly payments of interest only (it is designed so that the company pays off the principal of the loan in full at the end of its duration), in which case, \\ \\ P = L × c. |
| - Convertible? See Additional Questions below. | - Convertible? See Additional Questions below. | ||
| - Warrants? See Additional Questions below. | - Warrants? See Additional Questions below. | ||
| - | ==== Additional Questions: ==== | + | ==== Additional Questions (about loans in general): ==== |
| - | **[[:faqs:need-loan|Will I need a loan?]]** | + | **[[https://www.offtoa.com/wp/?p=247|How does a company get money?]]** |
| - | **[[https://www.offtoa.com/wp/?p=247|How does a start up company get money?]]** | + | **[[http://www.linkedin.com/pulse/startup-loan-investment-alan-al-davis|Should I get a loan or ask for investments?]]** |
| - | **[[:faqs:how-big-loan|How much money should I ask for from lenders?]]** | + | **[[:faqs:cash-flow-statement:need-loan|Will I need a loan?]]** |
| - | **[[:faqs:get-loan|Will my company be able to borrow money?]]** | + | **[[:faqs:cash-flow-statement:how-big-loan|How much money should I ask for from lenders?]]** |
| - | **[[:faqs:invest-payoff-loan|Can I pay off a loan with an investment round?]]** | + | **[[:faqs:loans:get-loan|Will my company be able to borrow money?]]** |
| - | **[[:faqs:how-to-include-loans|How to create a loan in Offtoa?]]** | + | **[[:faqs:loans:invest-payoff-loan|Can I pay off a loan with an investment round?]]** |
| - | **[[:faqs:convertible-loan|What is a convertible loan?]]** | + | ==== Additional Questions (about specialized loans): ==== |
| - | **[[:faqs:how-convertible|How to create a convertible loan in Offtoa?]]** | + | **[[:faqs:loans:convertible-loan|What is a convertible loan?]]** |
| - | **[[:faqs:warrant|What is a warrant?]]** | + | **[[:faqs:loans:how-convertible|How to create a convertible loan in Offtoa?]]** |
| - | **[[:faqs:how-warrant|How to create a warrant in Offtoa?]]** | + | **[[:faqs:investments:warrant|What is a warrant?]]** |
| - | **[[:faqs:delay-loan-payments|Can I create a loan where loan payments start after a year?]]** | + | **[[:faqs:investments:how-warrant|How to create a warrant in Offtoa?]]** |
| - | **[[:faqs:revenue-based-loans|What is a revenue-based loan?]]** | + | **[[:faqs:loans:delay-loan-payments|Can I create a loan where loan payments start after a year?]]** |
| - | **[[:faqs:cc-debt|What about credit card debt?]]** | + | **[[:faqs:loans:revenue-based-loans|What is a revenue-based loan?]]** |
| - | **[[http://www.linkedin.com/pulse/startup-loan-investment-alan-al-davis|Should I get a loan or ask for investments?]]** | + | **[[:faqs:loans:cc-debt|What about credit card debt?]]** |
| + | |||
| + | **[[:faqs:loans:tenant-improvements|Can tenant improvements from the landlord be considered loans?]]** | ||
| - | **[[:faqs:tenant-improvements|Can tenant improvements from the landlord be considered loans?]]** | + | ==== Additional Questions (about using the loans assumptions page): ==== |
| - | **[[:faqs:items-per-page|How do I get more loans to display on each page?]]** | + | **[[:faqs:loans:items-per-page|How do I get more loans to display on each page?]]** |
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