Business Loan Calculator
Monthly payments and total cost of a business loan
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Frequently Asked Questions
What interest rates do small business loans have?
SBA loans: 6–10%%. Bank term loans: 6–13%%. Online lenders: 8–30%%. Business credit cards: 15–25%%. Rates depend on credit score, time in business, revenue, and loan type.
Should I get a short or long term?
Shorter terms have higher monthly payments but lower total interest. Longer terms are easier on cash flow but cost more over time. Match the term to the asset's useful life — don't take a 10-year loan for equipment that lasts 5 years.
Business Loan Calculator
Calculate monthly payments and total interest on a business loan. Compare different terms and see the full cost including origination fees.