Sometimes people reach the point that they are unable to pay their loans through the usual means. If people fail to settle, there will be consequences that will bring disadvantages. Those situations can be a sequestering of vital assets or landing in the courts when the borrower ignored the countermeasures. However, revenue leverage is a viable option to choose when the situation is shaky. With the hopes of a good reputation and a trusting institution, issuing a new loan to pay the previous one can take place. Thus, it is best to keep a clean reputation and maintain healthy relationships to be deserving of loan opportunities. You may also see some of our Loan Templates
10+ Revenue Leverage Templates in Google Docs | Google Sheets | Excel | Word | Numbers | Pages | PDF
1. Loan Contract
Engage in a formal and legal loan contract with this template. Grab this file and give it a go either through MS Word, Google Docs, or Pages. Getting that much-needed loan is a must; thus, make sure of done deals by downloading this printable and editable document!
2. Loan Agreement
Secure the opportunity and seal the deal with this agreement document. Make sure mutual understanding is in place and compliment it with this template. Get this easy-to-edit document that is compatible with Pages, MS Word, and Google Docs. Download now and start striking loan deals!
3. Loan Amortization Schedule
Make sure the payments are well-plotted through this schedule template! If you are in a business and you want revenue growth, then slowly but surely pay your loans. Make this payment guide and add the necessary details either through Google Sheets, Google Docs, Pages, Numbers, MS Word, or MS Excel. Click the download button and be guided with your settlements!
6 Steps How to Do Revenue Leverage
Settling loans is an obligation; however, some circumstances prevent people from completely settling them in a certain period. Most loans have a definite payment period, and when in times of incapacity to pay, applying for another loan is a strategy. Revenue leverage is a matter of money transfers forced upon by meeting deadlines. Thus, loaning money to settle previous loans is a solution, and below is a helpful list of how to do it.
Step 1: Check on Existing Loans
You need to gather an update of your existing loans so that you can plan an action towards it. Check the sheet documents detailing your balances and obligations. By merely having the figures on the one hand and the agreement files on the other, then you can start thinking about your next move.
Step 2: Plan for a New Loan
Once you see that you are in the red zone and with little time to spare, it is time to plan for a new loan. Give yourself a decent amount of time to think for the best path to go. Plus, make sure that part of your action plans, when executed, are manageable.
Step 3: Inspect the Financial Institution’s Integrity
For precautionary measures, you need to check if the bank or institution that you are dealing with is trustworthy. You do not want to end up having failed transactions. Check the background on the rigor of their processes and reputable standings in society. Make sure you get decent detailed reports before initiating deals.
Step 4: Keep your Records Clean
Loaning institutions also want to assure themselves if you are trustworthy. Prepare the necessary income statements to show your financial capabilities. As much as possible, you have no previous records that can question their trust. Being able to loan means both are in mutual agreement with mutual trust. Even though you settle your loans with another loan, show to them that you diligently follow the rules until acceptable circumstances pushed you to find other means.
Step 5: Apply for a New Loan
Go through the usual process of filling out a sign-up sheet and other forms. Submit all the requirements and wait for approval.
Step 6: Make Sure of the Settlement
The most crucial step is to settle the loan. Continue to keep your records clean by fulfilling all necessary obligations. Plus, do a double-check that your new loan paid the previous one. Plus, you do not want to increase your payment burdens.
4. Loan Spreadsheet
Keep track of your loans with the help of this spreadsheet template. Start making this loan spreadsheet by adding your records through Google Sheets, Google Docs, MS Word, MS Excel, PDF, Pages, or Numbers. Download this template now and print this document when you are ready!
5. Payment Agreement Contract
Loans need paying, and when the transactions are big, this contract template is necessary! Grab this template now and add your revisions through MS Word, Pages, and Google Docs. This file comes with a professionally made layout that will serve as your guide. Click the download button and start negotiating for ways your payment should happen.
6. Payment Plan
Loan payment needs careful planning, especially when you are using it to pay a previous one. You can neatly create the flow of your payment since this plan template comes with a helpful layout. Download this file, and you can edit it using Pages, MS Word, or Google Docs.
7. Printable Loan Agreement
Get your agreements on the go by having it easy to print. You can do so with the help of this template. Download this file right now and get started with the terms and conditions of the loan. Printing is convenient since the file is available in A4 and US Letter sizes. So better get this one now before it is too late!
8. Settlement Agreement
Always stipulate the appropriate terms in settling, especially with loans. You can open the possibility of paying it with another loan, and you can include this condition in this template. Grab a copy now and start editing using Pages or Word. Plus, it comes with a ready-made format to guide you with your inputs. Download this template now!
9. Debt Settlement Agreement
Although there is a thin line between owing and borrowing, the same is also for loans and debts. However, settling both follows similar procedures. Start making those terms by using this customizable template. This file comes with a layout that serves as a guide while you are editing. Plus, printing is easy as the file is available in A4 and US Letter sizes. Grab this template now and bring down the terms on the negotiation table!
10. Sample Loan Agreement
Download this sample document and start studying its details. You have to find what is useful and use it for your revenue leverage documents. It is better to learn from finished outputs to gain substantial insight.
11. Loan Agreement Example
This sample agreement has comprehensive details about stipulations and terms. This file is a suitable document if you are looking for accurate statements for your loan deals.