A "Lån" / "Loan" (or credit line) is paid out in full after signing, alternatively in parts (tranches) if agreed in the documentation. 

  • Status - New or Extended

    • New refers to a completely new loan that has not been granted before

    • Extended is a loan that must be extended / reconsidered. (read more in subpage to this chapter).

  • "Ränta och avgifter" / "Interest and terms" - specify the terms that will apply to the loan Reconsidered after - should this loan be reconsidered with a certain periodicity, enter it here. (read more in subpage to this chapter)

  • "Avisering och amortering" / "Notification and amortization" - how is the loan repaid (read more below)

  • "Utbetalning och fördelning" " / "Payment and distribution" - you can choose between a one-time payment or that the loan should be paid out in installments and what the loan refers to

  • "Villkor för utbetalning" / "Terms of payment" - here you specify whether certain conditions must be met for payment. If there are no conditions, the field is left blank

  • "Detaljer anledning till lån (syfte och art)" / "Detailed reason for the loan (Purpose and nature)" - here it must be clear what the financing is to be used for. This field must always be filled in and clearly formulated.

Picture

There are four different choices regarding Amortization:

  • "Rak" / "Straight" - you specify how many months the loan is to be repaid and the same amortization amount is deducted at each time, but the interest amount varies.

  • "Annuitet" / "Annuity" - the same total amount (interest + amortization) is always deducted during the term of the loan.

  • Bullet - no repayment but the loan is repaid in full on the due date

  • "Anpassad" / "Custom" - here you can specify exactly the amount to be amortized during certain periods.

You can set "Amorteringsfri tid" / "amortization-free time" for a certain period of time and then start amortization later. Flexible.

Notification - you choose how often the company should be notified, ie how often payment on the loan should be made. Options are month, quarter, half year and full year.

You can choose "Engångsbetalning" / "One time payment" or ""Flera utbetalningar" / "Multiple payments" where you specify when and to what the loan is going to be used for.

Example of multiple payments