Know your business loan payment before you apply
Estimate monthly payments, total cost, and how much you can borrow across term loans, cash advances, SBA, and equipment financing — in seconds.
| Product | Monthly equivalent | Total paid | Total cost | Est. APR | Speed | Credit |
|---|---|---|---|---|---|---|
| Fixed-remittance advanceA set amount leaves the account daily or weekly. Term fixed at signing. | $15,333over 9 mo | $138,000 | $38,00038% of amount | 84% | Same day – 48 hours | 500+12+ months |
| Revenue shareA percentage of collected revenue. The payment falls when sales fall.Fewest dollars | $10,667over 12 mo | $128,000 | $28,00028% of amount | 48% | 2–7 days | 560+12+ months |
| Bank term loanCheapest capital available outside the SBA — if you clear the credit box. | $2,149over 60 mo | $128,963 | $28,96329% of amount | 11% | 2 weeks – 3 months | 680+24+ months |
| SBA 7(a)Best cost-and-term combination available to a small business. | $1,392over 120 mo | $167,003 | $67,00367% of amount | 11% | 30–90 days | 650+24+ months, or startup with injection |
The cheapest row is usually the slowest one
On $100,000, Revenue share costs the fewest dollars — $28,000 against $38,000 for fixed-remittance advance — and takes 2–7 days to arrive, against same day – 48 hours. That gap is the actual decision. If you can wait and you clear the credit box, waiting is worth real money. If the money has a deadline attached — a job that starts Monday, a material buy at a discount that expires — then the comparison is not cost against cost, it is cost against what missing the window costs you.
One thing worth knowing before you decide the order: taking a fast advance first can narrow what a bank or SBA lender will do for you later. If both are genuinely open to you, the sequence matters as much as the choice.
Illustrative planning bands for comparison, not quotes. Every product here is an underwriting output in practice — the cost and term you are offered depend on your deposits, credit, time in business and any existing obligations. Bank and SBA rates move with Prime and with published SBA caps.
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Compare term loans, merchant cash advances, SBA, and equipment financing side by side.
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Frequently asked questions
How does a business loan calculator work?+
You enter the amount, rate, and term, and the calculator applies a standard amortization formula to show your estimated monthly payment, total interest, and total cost. For merchant cash advances it uses the factor rate to show total payback and an estimated APR instead.
What's the difference between a factor rate and an interest rate?+
A factor rate (like 1.30) is a flat multiplier on the amount advanced — a $50,000 advance at 1.30 means you repay $65,000 regardless of how fast you pay it back. Interest rates accrue on the remaining balance over time, so paying early reduces what you owe. Our cash advance calculator estimates an equivalent APR so you can compare the two.
How much can I borrow for my business?+
Lenders typically size offers from your revenue and your capacity to make payments. A common planning convention sizes working capital at roughly 10–30% of annual revenue, before adjusting for existing obligations. Use the “How much can I borrow?” tab to estimate a range from your monthly revenue and existing debt.
Are these numbers an official loan offer?+
No. These are estimates for planning only and not an offer or commitment to lend. Your actual rate and terms depend on your credit, time in business, industry, and the lender. Request your exact rate to get real numbers with no obligation.
Does using this calculator affect my credit score?+
No. Everything on this page is math you run yourself — nothing is submitted and no credit file is accessed. If you go on to apply with a lender, ask them directly what kind of credit inquiry their process involves and at what stage, because it varies between lenders and between stages of the same application.