Most growing businesses carry more debt than they can describe from memory. A vehicle lease here, a term loan there, an overdraft that has quietly become permanent. Individually each is understood. Together, almost nobody can state what they cost per month without opening four files.
Company Finance puts them in one register.
What it covers
Term loans, leases, personal loans taken into the business, asset-backed facilities and overdrafts. Each with its own schedule, rate and security.
Amortisation done correctly
Flat rate and reducing balance are calculated properly and kept distinct. This is the single most common error we see in the spreadsheets clients arrive with, and it is not a small one — the difference over a five-year facility is substantial, and it always favours the lender.
Getting the schedule right also means your interest expense in the accounts is right, which matters at audit.
Early settlement and penalties
Early settlement is handled with the correct recalculation, so you can actually evaluate whether paying a facility off early is worth it rather than guessing.
Penalties are tracked in their own tab and never fold into the outstanding balance. That distinction sounds pedantic until you are negotiating with a bank and need to show the principal position separately from what the delays have cost.
Interest cost report
One report answers the question owners most often cannot: what is our borrowing actually costing us this year, across everything? Presented with charts, alongside a payment calendar showing what falls due when.
The calendar tends to be the feature people use daily. Missed payments are usually an oversight, not a cash problem, and a visible calendar removes the oversight.
Who it is for
Any business carrying three or more facilities. If you have one loan, your bank statement is enough. Once you have a term loan, two leases and an overdraft, the picture stops being holdable in your head.
How it installs
Installed through cPanel and runs alongside your existing accounts. Often deployed together with Staff Finance so that money lent out and money borrowed sit in one system.