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Financing parts of your business can make sense if you
have your numbers in order. Once you know the cost of
your loan, you can plug it into Numbers Cruncher to make
it a regular part of your overhead. That way every job
you do helps to pay the loan and keeps your business
growing. Fear of
Borrowing
Many of us are allergic to borrowing. The
uncertainty about making payments during slow times
keeps us from moving forward. The success of your
business can hinge on borrowing money sensibly. You want
to borrow enough that your company can reach its
potential but not so much that you have severe
difficulty paying it back.
To learn more about loans and lenders, go to
sba.gov/financing.
Loan Calculator
To help you make your best borrowing
decision, we have added a loan calculator into the
upcoming release of Numbers Cruncher. You will be able
to do a generic loan calculation and then immediately
place the monthly cost into your budget.
The new loan calculator is a planning tool that will
help you see what a new truck,
new
equipment, or even a new building can cost your
business. Like the other parts of Numbers Cruncher, the
Loan Calculator is a planning tool. You must be
sure that the terms of your loan fit your business plan.
To calculate your loan costs, enter the Loan Amount,
Interest Rate, Term, and the First Payment date.
The loan calculates automatically. You can then plug the
monthly payment into your Budget.
For those of you who can't wait for the release of
the new Numbers Cruncher, we have put a
simple loan
calculator on
NSPGweb.com that you can use right now. Just
remember that you MUST make sure the loan terms that
your lender offers fit into your budget.
Read the story of how a Numbers Cruncher user succeeded
in getting his startup loan.
Measure Monthly, Adjust Quarterly
& Achieve Annual Profit Goals
Call us at 800-841-8542 to schedule a Numbers Cruncher
Review so you can be sure that you are making the
profits you need every day.
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