Getting a small business loan can help your company’s growth, but it’s necessary to know exactly how loans work and if you will be able to afford one. Our free business loan calculator tool will determine how much your business loan will cost so you can be fully prepared for repayment.
Note: Before applying for a business loan, read our guide to determine if a business loan is right for you at this time.
Recommended: Get approved and funded in the same day with a Business Loan from Uplyft Capital.
Calculate the Cost of Your Business Loan
ENTER YOUR BUSINESS LOAN INFORMATION
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What to Know Before Using Our Business Loan Calculator
First, read more about the types of business loans and how to decide which one is right for you.
Then, read our article to learn more about business loan interest rates.
Last but not least, here’s how to shop around for the best business loan terms.
Get Started with Lendio
Answer a few questions to see what kind of loan you qualify for.
How to Use Our Business Loan Calculator
Step 1: Enter the amount of money you will borrow
Step 2: Enter the loan interest rate
Step 3: Enter the loan term (in months)
Want to Learn More About Business Loans?
To find out the key steps and concepts involved with small business loans, check out our comprehensive guide: How to Get a Small Business Loan. You’ll learn about the different types of business loans, lender guidelines, and more!