I have a group of smaller investors that give me loans on a per project basis or into my business and we negotiate different scenarios for everyone.
They're all parties I have an existing relationship with, so I am not pooling money or violating any financing laws.
- One party gets a 60k 1st Trust Deed and prepay 6 mo interests, can renew it as long as I prepay in chunks
- One party already has 50k invested at X% and sends in another 10k at the same rate, there normal due day is the 15th and the check came on the 21st.
I am currently using excel to track all of this and we use Quickbooks for the account. Is there a software program or excel template that is built to track investors, their returns, etc.
It'd be great if there is a program that could show all the upcoming payments, their due dates. I could add funds, it would calculate interest owed and consolidate to the same payment date and allow me to print a statement to show the math.
Anyone heard of anything that does this?