Business Loan Calculator

Loan Details

Loan Type

Loan Amount ($)

Annual Interest Rate (%)

Loan Term (years)

Payment Frequency

Additional Costs

Origination Fee (%)

Closing Costs ($)

Collateral Value ($)

Loan Analysis

Monthly Payment

$0.00

Total Interest

$0

APR

0.00%

Total Cost

$0

Month	Payment	Principal	Interest	Remaining Balance

Understanding Business Loans

Types of Business Loans

Term Loans

Fixed monthly payments
Predictable interest rates
Longer repayment terms
Best for established businesses

SBA Loans

Government-backed
Lower down payments
Competitive rates
Flexible terms

Key Considerations

Annual revenue requirements
Credit score impact
Collateral requirements
Prepayment penalties
Additional fees and costs

Tips for Approval

Prepare detailed business plan
Maintain good credit score
Organize financial documents
Research multiple lenders
Consider collateral options