Banks

About Banks
Banks allow you to borrow on a regular basis in order to have new funds to invest in your company.

The use of banks is strongly recommended for any company wishing to increase its income rapidly.

It is possible to unlock new banks through general R&D. The more banks you have available, the greater your borrowing possibilities will

List of banks
Each bank presents a series of information allowing you to estimate whether or not it is worthwhile to take out a loan today:


 * Interest rate: the interest rate depends above all on each bank. Some banks offer very low interest rates and others much higher rates. Each bank's interest rate changes every day, which means it can be worth waiting a few days before borrowing. The blue bar represents the current interest rate compared to the minimum and maximum rate of that bank. The graph allows you to see the change in the rate over the last seven days.
 * Express loan possible : amount that you can currently borrow with the express loan.
 * Borrowing in the Financial Markets : Amount that you can currently borrow with the Borrowing in the Financial Markets.
 * Your current loans :
 * Express : represents the total of your active express loans for this bank.
 * On financial markets : represents the total of your borrowings on active financial markets for this bank.



Express loan
Express borrowing allows you to borrow money quickly without going directly to the financial markets :


 * Amount requested : you can request the amount you want depending on the maximum amount for this bank.
 * Weekly rate
 * Duration of the loan : you can choose the duration of the loan, this will define the amount to be repaid weekly. The possible durations depend on each bank, the more you ask for a long-term loan, the more it will increase the initial interest rate. A short-term loan, however, will have a greater impact on your structural cash flow.
 * Financial charge : total cost of your loan according to the interest rate, this sum is added to the sum requested in order to define the total cost of the loan.
 * Total cost of the loan : sum requested plus financial charges, this sum is used to define the weekly payment.
 * Weekly payment : total amount that you will have to pay each week to repay this loan, it is calculated according to the total cost of the loan and the duration selected.



Loan details
This list allows you to consult all the loans made for this bank as well as to access the details of each of them:


 * Done on : the date on which you took out this loan.
 * Amount : amount remaining to be paid for this loan.
 * Rate : rate at which this loan was granted to you.
 * Loan number: indicative number that can allow you to classify your loans if you use a support outside the game such as an Excel table.
 * Repay button : allows you to prematurely repay the loan. When you click on it, you are redirected to a page containing all the details of this loan.

A lot of information allows you to better manage a specific loan:


 * Current rate: rate at which this loan was granted to you.
 * Financial charges : total cost of your loan according to the interest rate, this sum is added to the amount requested in order to define the total cost of the loan.
 * Total loan : total amount you requested when you took out this loan.
 * Amount repaid : total of your repayments for this loan.
 * Amount to be reimbursed : amount remaining to be reimbursed (Total loan - Amount reimbursed)
 * Weekly repayment : the total amount you pay each week to repay this loan.
 * Maturity : date on which you will have completely repaid this loan.