Business loan calculator.

The monthly payment is a function of three inputs: the loan amount (principal), the annual interest rate, and the loan term (amortization). The calculator amortizes the principal plus interest into equal monthly payments over the term. A shorter term means higher monthly payments but far less total interest; a longer term lowers the payment but raises the total cost of borrowing.

An origination (or lender) fee is a one-time charge some business lenders add to set up the loan, usually 0.5%–3% of the loan amount. It's often deducted from the advance, so a $150,000 loan with a 1% fee nets you about $148,500. This calculator adds it into your total cost of borrowing so the number you see is the real one — we disclose every fee in writing before you sign.

It depends on your file. As a rough guide (September 2026, with the big-bank prime rate at 4.45%; illustrative, not a quote), unsecured working-capital lines run roughly prime + 2.5% to prime + 6%; secured term loans sit around 6%–9% on real-estate-backed, 7%–12% on equipment, and higher on receivables. The main drivers are your credit score, business cash flow and debt-service coverage, time in business, and whether the loan is secured. See the full breakdown on our business loans page.

Any amortizing business loan: a term loan, equipment financing, a real-estate-secured business loan, CSBFP financing, or an acquisition loan. For revolving working-capital lines you pay interest only on what you draw, so use this as an upper-bound estimate. Explore the financing options or model a property purchase with the commercial mortgage calculator.

A business loan application usually asks for recent business financial statements (income statement and balance sheet), 6–12 months of bank statements, and consent for a credit check. For a smaller small business loan or a business line of credit, lenders weigh cash flow and time in business more than collateral. Start a no-pull pre-qualification and we'll tell you exactly what your file needs.

Pre-qualification with us needs no credit pull. At full application, most small-business lenders review business credit and also pull the owners’ personal credit, which is a hard inquiry. It stays on your personal report for about three years with Equifax (FCAC), but its score impact is small and fades within months. Applying through one broker avoids stacking separate applications at several lenders.

Match the product to the use of funds, put up security where it lowers the rate, and shop widely. Your bank quotes one rate sheet; a broker maps your file across 100+ lenders — banks, monolines, BDC-style program lenders, and private — and structures across them. Start a no-pull pre-qualification.