What are the KPIs of your loan?

Hi there,

Welcome to Loancater’s weekly newsletter. This is approximately a 4-minute read.

In today's newsletter, we’re going to go over the KPIs you should be looking at for the effectiveness of your loan

We are going to go over…

1. The Merchant Cash Advance Profit Calculator (link)

2. The Mortgage profit calculator (link)

Schedule a FREE strategy session with us here (link) or apply here (link) for a business loan.

Actionable Tips

Most business owners only look at the rate of the loan and that’s a mistake. 

The total cost of capital is what needs to be accounted for and that’s inclusive of broker fees, origination fees, as well as UCC + misc fees.

Additionally, if you are taking a 50% loan it does not matter if you make 100%. Or if you are taking a loan that costs 50% and the cost of capital is 40k but you’re making 600k then it doesn’t matter what the rates are.

The bottom line is what’s important.

The Merchant Cash Advance Profit Calculator (link)

This calculator will take into account your total cost of capital and factor in everything. This includes all your fees and will tell you how profitable a short term loan will be for your business.

The Mortgage profit calculator (link)

This mortgage calculator gives you a high level on the cost over 30 years or x years of interest. This is a fixed rate calculator and you can decide if the debt service is something you can meet or the final cost of capital is worthwhile to you. You can also decide the year it makes sense for you to prepay everything off.