What is a loan?
The loan is a transaction whereby one party gives a number to the beneficiary, this formalized through a contract. The beneficiary (lender) agrees to repay the loan principal, plus interest and other expenses arising from this transaction, if any.
If you desire a good tool for calculating shares loan, or simply calculate the mortgage you will pay when you buy some a home, or the fee you will pay to have changed the interest rate, You can download this application in Excel, completely free (must enable macros, it works with macros): Calculate loans.
Loan features
Some types of loans are:
- Policy Loan: This type of financial operations is documented in a loan policy provided by financial institutions themselves. In that policy sets the handing over of a loan, an amount the lender as beneficiary the borrower, clearly indicating the maturity of the operation. The policy can specify additional guarantees, if any, agreed to grant the loan.
- Mortgage: This type of loan, commonly known as mortgage is a loan with collateral right over immovable property, which is implemented through a contract between the parties (lender and borrower). This type of operation is formalized through a public deed before a notary, and registered in the Registry of Property of the town, to take effect.
- Equity loan : This is a loan made by backers of the company. Usually made of venture capital to investee companies.
Equity loans are considered equity (equity), in cases of capital reduction and bankruptcy. For the purposes of classification and presentation in the balance sheet as equity loans are borrowed funds (third).
equity loans often have a long maturity, and can enjoy a long grace period.
Equity loans accrue interest which is in accordance with the results obtained by beneficiary.
usually have a range of enforcement to be subordinated to any other claim or obligation of the borrowing entity, standing right in front of members.
In the event of early repayment of shareholder loans the institution will be obliged to increase its capital by an amount equivalent to the aforementioned amortization, and payment of compensation if any contractually agreed.
Interest accrued equity loans, are considered tax deductible expenses and are subject to a withholding tax (at source), unless the lender is an entity Credit or a nonresident.
Who does it?
general lending operations can be performed by any lender, and equity loans, the shareholders.
0 comments:
Post a Comment