A Loan Event is used to generate one-time cash flow and the ongoing payments required to pay off the initial loan amount.
Use the Income Event to model basic revenue over time. It supports standard dates, payment frequencies, inflation and overrides.
Use this Event when building basic budgets. For more granular revenue calculations, explore the Contract Event. For subscription style revenue, use the Customer, Customer Growth, Unit Cost and Revenue Event.
A loan is a borrowed sum of money that is to be paid back on a certain interval with a fixed or variable rate of interest. This Loan Event currently supports fixed rate interest only. Use the Loan Event to both principal and interest payments over time.
Can be used for ...
A Loan Event is used to generate one-time cash flow and the ongoing payments required to pay off the initial loan amount. Use the Employee Event to model current staffing, plan for future hires, or build placeholder Scenarios with entire segments of Employee types and roles.
The Loan Event calculates without any additional Events required, but you can use a Repayment Event to model accelerated or lump sum payments.
- Used for a traditional loan calculation with interest. Includes option to only make interest payments. This state creates a custom Loan Account and Interest Payments.
- Used for advanced loan calculations. A common use case is when buying a business. The buyer allocates a percentage of their revenue to pay back the loan and can include a loan premium or interest payments.