We have avoided manual editing of equity timing as a key value proposition with Aprao is mitigating risk found in spreadsheets and legacy tools.
Aprao automatically generates the most efficient debt drawdown each month to enable full usage of the loan facility and maximise return on equity. On the top left corner of the cashflow tab, there is a “Use full equity contribution” toggle. When it is on, it means the cashflow assumes the developer put in all the equity they have before drawing any debt. When it is off, it means the cashflow enables the full usage of the loan facility and shows the most effective way to utilise the pool of equity and debt.