Chapter 5

Does the hard part start after the loan is signed?

Ký vay xong, phần khó mới bắt đầu?

The chapter's question

What share of my cash flow goes on monthly debt repayments?

Big idea

Signing day is the easiest day; the months that follow are what must be managed.

In this chapter

  1. Part 5.1

    Into the Cash Forecast

    Is the repayment schedule already in the forecast?

  2. Part 5.2

    Watching the Covenants

    How often do I check the covenants?

  3. Part 5.3

    When You Might Miss a Payment

    Do I tell the bank first, or let them find out?

  4. Part 5.4

    Is Early Repayment Worth It

    What does repaying early cost in fees?

The reading for this chapter is inside Conan School

This chapter has 4 readings, with case stories and exercises. Chapter 1 of Borrowing and Raising is free to read right here.

Read in Conan School

Chapters of Borrowing and Raising

  1. 1.Am I borrowing to grow, or to patch a hole?
  2. 2.Does a low interest rate mean a cheap loan?
  3. 3.Do lenders fund your idea, or something else?
  4. 4.Why is money you never repay the most expensive?
  5. 5.Does the hard part start after the loan is signed?