Francois Carrillo is best known for his Domaining.com industry news aggregator. He also owns Catchy.com, a platform for selling domain names.
Francois emailed me to let me know about a domain name financing calculator he recently added to Catchy.com that might be of interest to domain investors and domain name buyers. The tool is free to use, and it can be of assistance to investors who want to offer a customized financing deal to acquire a domain name.
Domain investors who are in the process of discussing various payment plans or financing options can enter their figures to see various payment plan and financing scenarios. They can do this to help a buyer understand the costs or as a means of backing into a certain amount.
Domain brokers could also use this tool to allow them to make a proposal that fits the needs of the buyer and seller.
Much like a car loan calculator or mortgage calculator, this tool is easy to use. I just learned about it and haven’t spent time running scenarios, but I will give it a whirl the next time I am trying to come to terms with a buyer who wants to acquire a domain name with terms.
