Tools and Loan Calculators

As you consider taking on any new debt, it’s important to first be aware of all of your existing debt, including credit cards. Use this tracking sheet to record all of your existing debt so you can see it in one place. This seemingly simple exercise will help you avoid overlooking or forgetting any source of debt that’s a part of your agency’s current financial picture.

This is a highly simplified tool you can use to predict your agency's future financials. Simply enter your actual bank balance as of today in the green cell beneath "Month 1" and then enter expected income and expenses for each month. Your estimated closing cash balance for each month will then auto-calculate.

To consider whether your agency can "afford" to take on financing, it's critical to ensure that it can generate enough cash flow to support the financing expenses of a loan. Follow the steps below to determine if you can afford the loan you're considering.

This tool will help you analyze how a loan will impact the financial performance of your agency. If the impact over your preferred time horizon is profitable, then that might be a good reason to take the loan.

Use this tool as you consider a possible acquisition. It will help you understand the financial implications of the acquisition on your agency's cash flow over the next 15 years. You can also see the impact that borrowing will have on your cash flow. And you can compare your agency's annual profit if you acquire vs simply growing organically.