This will work out the approximate repayments to be made on a loan based on amount borrowed, term & indicated interest rate. It will also give the total interest charge over the life of the loan and can also be used to show the savings available if fixed over-payments were to be made.
All analytical reviews of current period figures should be compared with those of preceding periods and trends reviewed & explained.
Contact Patrick Cunningham on 047 84955 or Des Lowry on 049 4371211 for advice managing your business loans and debts.