Loan Calculator: What Is It And How Can It Help Your Business?
To make an informed decision about a loan, business owners and managers must understand how much their monthly payments will be. A loan calculator can help you do just that. You can get a good idea of your monthly payments by inputting the principal amount of the loan, the interest rate, and the number of […]
How To: Track Debt Covenants with the Magnimetrics Platform
As we discussed in our last article, debt covenants are provisions within financial agreements such as loans or credit lines between lenders and borrowers that restrict certain activities like dividends and asset sales to protect lenders’ interests and maintain their risk exposure at acceptable levels. If you are not familiar with debt covenants, I suggest […]