Self liquidating loan report
In the real estate industry, developers, brokers and agents often use this term to entice novice investors in purchasing properties for rental purposes.
I would like to share the mechanics of this type of financing as briefly and concise as I could.
complete checklist guide to improve your cash flow!CEI measures the amount collected during a time period to the amount of receivables in the same time period.In comparison, the collection effectiveness index is slightly more accurate than daily sales outstanding (DSO) because of the time period.The formula consists of the sum of beginning receivables and monthly credit sales, less ending receivables.The value is then multiplied by 100 to get a percentage, and if a CEI percentage is close to or equals to 100%, then that means that the collection of accounts receivables from customers was most effective.
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You could easily use the condominium as collateral for the loan.) Now, to pay for the Php 1M loan, the investor would simply have the property rented-out for at least Php 20,000 a month.