PRIORA® DEBT MANAGEMENT SUMMARY

At Priora® we believe:

You are very committed to the success of your business.

You are searching for a method to truly understand and manage the cash flow of your business.

You would like to have a better understanding of the debt structure of your business.”

 

Our vision for you is: “Applying Financial Literacy®”

At Priora® we recognize that debt is the largest single burden on the cash flow of any business – or family. We also believe you can manage that debt to best serve your needs. When debt is under control, we all tend to sleep better at night.

Priora® Debt Management System provides the user with the ability to evaluate the impact of debt on the cash flow of their business. Works for family debt, too! The user can experiment with many variations of debt to arrive at the debt structure that suits your needs – before you go to the bank!

Using the Amortization Calculator you can determine the real cost of any loan, adjust the payment to shorten or lengthen the term of the loan, and determine the real impact of an interest rate on the overall cost of any loan. Priora® Debt Management Summary also will consolidate loans using two different but effective approaches. The first uses a weighted average interest rate for all loans being consolidated, calculated by the system. The second uses a combination of the weighted average interest rate and the weighted average remaining amortization for all loans. This is usually most beneficial because it reduces the monthly payment without increasing the interest cost to the borrower.

A reduced monthly payment means more working capital available for the business.