I have mixed feelings about this. If you are the Bank evaluating a loan, it does make a difference. If you borrow $50MM in your example against your planes, the Bank must incorporate the burden of that debt into account in considering whether or not they should give you the unsecured loan because presumably the secured assets have a higher claim on the defaulted companies unencombered assets in a liquidation. If you do the unsecured loan first, you capacity to repay that loan is much higher.
So, situation A: I've borrowed 8 million from the bank, with no security. They'll give me 2 million more in unsecured loans.
Situation B: Exact same finances, I've borrowed 8 million from the bank, but there's 5 million of planes securing some of it.
You think that in situation B, I'll still only be able to get 2 million more in unsecured loans, that the 5 million of securities they have make no difference at all to their risk assessment?
I agree that the current situation can be a little confusing, but given the relative simplistic approach (I haven't the foggiest idea how the simulation comes up with the limits), I think it is conceptually accurate.
The limits appear to be based on your revenue, combined with your credit rating. Profit affects credit rating, I don't think that it directly affects loan limits. The limits increase during the week, and are highest on Monday mornings before loan payments are deducted. Which makes me think it looks at the last x week's revenue, including the current week. So your revenue value (and hence loan limit) peaks each Sunday, then drops at midday Monday as the earliest week is dropped, and the 0 current revenue for the new week gets added. That's my guess, anyway. Doesn't matter much how it works, all anyone needs to know is that Sunday night/Monday morning is when you'll have the max available.
I disagree that it's conceptually accurate, and more importantly, I think it's poor from a gameplay perspective. Repaying & taking out new loans on the same day shouldn't allow me to borrow an extra 10 million that they weren't prepared to give me at the start of the day, because my finances haven't changed.
As for refinance piece, I agree with the ability to refinance - although in term of things to fix/improve, I would probably put it relatively low on the list.
Yep, me too. It can be made pretty simple though (conceptually anyway, programming it to correctly work with loan limits might be more of a pain), all it needs to do is to create a brand new secured loan with brand new terms, give the bank the cash to pay off the old loan completely, and give you the rest.