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Accounting · Loans

Borrow with a plan.
Keep every repayment clear.

Manage amortized business loans inside Accounting. Record principal, rate and term, review the repayment schedule, and post drawdowns and installments to the ledger.

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LoansEquipment loan

Equipment loan

6.50% for 36 months, from Jan 15, 2026

Open
Principal
$60,000.00
$6,201.85 interest over the term
Annual rate
6.50%
36 months from Jan 15, 2026
Outstanding
$46,075.56
$13,924.44 repaid
Installments posted
9/36
Next due Nov 15, 2026
#DuePrincipalInterestPaymentStatus
8 Sep 15, 2026 $1,572.28 $266.66 $1,838.94 Posted
9 Oct 15, 2026 $1,580.80 $258.14 $1,838.94 Posted
10 Nov 15, 2026 $1,589.36 $249.58 $1,838.94 Scheduled
11 Dec 15, 2026 $1,597.97 $240.97 $1,838.94 Scheduled
12 Jan 15, 2027 $1,606.63 $232.31 $1,838.94 Scheduled
24 more installments
Totals$60,000.00$6,201.85$66,201.85
Illustrative sample records. Not a live workspace.

The term

Principal against interest, across the term.

Every installment is split into interest on the declining balance and principal. On a level payment the interest slice shrinks and the principal slice grows.

Equipment loan36 installments of $1,838.94 at 6.50% a year

The first, the next due and the final installment of the sample schedule
InstallmentDuePrincipalInterestPaymentRemaining principal
1First Feb 15, 2026 $1,513.94 $325.00 $1,838.94 $58,486.06
10Next due Nov 15, 2026 $1,589.36 $249.58 $1,838.94 $44,486.20
36Final Jan 15, 2029 $1,829.04 $9.91 $1,838.95 $0.00
Principal
$60,000.00
Interest
$6,201.85
Repaid over the term
$66,201.85
The bars, the table and the journal on this page all come from one schedule.

  1. An amortization schedule you can follow

    Generate scheduled principal and interest from the loan amount, annual rate, start date and term.

  2. Borrowing belongs in the books

    Post the drawdown as a liability, then record each installment through the same finance posting controls as your other transactions.

  3. A visible remaining balance

    Review planned installments, posted installments, outstanding principal and the loan’s Draft, Open or Closed state.

The journal

From the first drawdown to the final installment.

Nothing is booked while a loan is a Draft. Draw it down, then every installment posts its interest and its principal in one entry.

  1. Set the terms

    Record the loan name, principal, annual interest rate, term and start date.

    Name
    Equipment loan
    Principal
    $60,000.00
    Annual rate
    6.50%
    Term
    36 months
    Start date
    Jan 15, 2026

    DraftSaving the loan generates its schedule. Nothing is booked yet.

  2. Draw down the loan

    Review the generated schedule and post the borrowing to the accounting ledger.

    Jan 15, 2026

    Drawdown entry
    AccountDRCR
    Cash$60,000.00
    Loans Payable$60,000.00

    OpenThe borrowing is booked as a liability.

  3. Post each installment

    Record principal and interest against the schedule and follow the remaining liability.

    Installment 10 of 36, Nov 15, 2026

    Installment entry
    AccountDRCR
    Interest Expense$249.58
    Loans Payable$1,589.36
    Cash$1,838.94

    ClosedThe final installment closes the loan.

Make it yours

Your lenders, your rules.

Three changes a business makes to its loans, then the controls behind them.

  1. Tight permissions

    Use custom roles so loan records are visible only to the people who manage them.

  2. A reminder before payments are due

    A workflow on a schedule creates a task a few days before each repayment.

  3. Your own lender notes

    On Scale, track lender covenants in a Studio custom module beside your loans.

Controls around loans

  • Roles and permissions

    Decide who can see, create and change loans, down to records and fields, with custom roles.

    Every paid plan See Users and Roles

  • Agaro Agent

    Ask about your loans in plain language. The Agent asks before it changes a record, and it works within your permissions.

    Meet Agaro Agent

  • Your own custom modules

    When loans needs a neighbour Agaro does not ship, build a module with your own fields, workflows and records in Studio.

    Scale and up See custom modules

  • App Builder

    Build a website, document, slides or internal app next to your loans, described in plain words.

    Every paid plan See App Builder

  • Open API and MCP

    Connect your own systems, or let Claude and other AI clients work inside Agaro with the same permissions.

    Scale and up

Free covers one CRM user. Studio custom modules, AI agents, API and MCP, single sign on and multi company are on Scale and up. See plans and pricing. Agaro ERP is in Preview / Pilot, so you shape it directly with the product team.

Connected

Loans, beside the books.

Loans live within the Bank workspace and use the shared ledger, workspace currency and accounting period controls.