In the Loans tab, you manage all your loan contracts in one central place, replacing manual side calculations or spreadsheets. COMMITLY automates the creation of repayment schedules (based on the 30/360 method) and integrates interest and principal payments directly into your liquidity planning.
Your benefits at a glance:
Automated planning: The Forecast is always kept up to date without you having to enter installments manually.
High flexibility: The module supports all common structures – from annuity loans and equal principal repayment to bullet loans and zero-coupon loans.
Order & documentation: Contract documents can be stored directly on the loan. In addition, the logic ensures that your operating cash is not distorted by negative loan balances.
Note: Loans are only created in the Forecast.
The "Loans" area in detail
After opening the Loans tab, you see:
+ Create new loan
Debt service development view – graphical display of loan trends
3-month Euribor interest rates – comparison of interest rate trends (filterable by 1 year, 3 years, 5 years or All)
List of all loans – divided into
Active loans - ongoing loans with a fixed repayment schedule
Drafts - loans that have been created but not yet activated
On the right side of the list is the gear icon, which gives access to the following actions:
View → open details
Clone → create a new copy with the same parameters
Delete → remove permanently
These actions are available for each loan.