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FolioPact.
Demo workflow6 min read · Reviewed

Add a borrower and create your first loan

Start with a fictional borrower and an agreement you can explain. The demo separates borrower details, lender ownership, cash movement and interest terms. Changes reset on refresh.

Illustrated loan setup workflow: identify borrower and lender, enter amount and currency, then date and account.
Workflow illustration · fictional records · reviewed 23 October 2026.

  1. Add a fictional borrower

    Open the demo, choose Borrowers, then Add borrower. Enter made-up details and save. Existing sample borrowers can also be used for practice.

  2. Start a loan

    Choose Loans, then New loan. Search for the borrower and select the correct lender entity. Give the agreement a recognisable reference.

  3. Enter the advance

    Select currency, enter the amount without grouping commas and choose Date money is lent. Select the appropriate bank/cash account and payment details. Use fictional references.

  4. Enter the agreed terms

    Choose Continue to interest. Set the rate unit, rate, part-period convention, principal basis, collection frequency, first due date and loan end date. These are separate decisions; match the agreement rather than accepting a convenient default.

  5. Review and save

    Choose Review loan. Check borrower, lender, amount, currency, dates, bank account and interest terms. Use Back to correct a detail, then Save loan. Open the new loan to inspect its statement.

Check your result

  • The agreement appears under the intended borrower and lender.
  • The first advance and currency match your example.
  • The statement and first payment date reflect the selected terms.
Practice in the demoWatch the captioned tutorial