Four calculators
Four calculators covering the real cost of a loan, how ready your business is to apply, and how to compare offers honestly.
Business loan cost calculator
See the total cost and total interest of a business loan before you compare offers — not just the monthly payment.
Assumptions this uses
- Assumes a fully amortizing fixed-rate loan with equal monthly payments across the full term
- Does not include origination fees, underwriting fees or an SBA guarantee fee
- Uses the interest rate you enter, which may differ from the loan's actual APR
Limitations: This does not account for origination or closing fees, variable rate changes, prepayment penalties, or how your specific credit and revenue profile would affect the rate you're actually offered.
Runs entirely in your browser.
The monthly payment is the least useful number on any business loan offer
Two business loans can carry the same monthly payment and differ by tens of thousands of dollars in total interest, because the term length and fee structure change everything. Before you compare offers, ask each lender for the total amount you'll repay over the full term, including origination fees. If a lender won't give you that number plainly, that's information too.
Funding readiness check
See where your business stands on the factors lenders weigh most before you approach one.
Assumptions this uses
- Benchmarks used: 12+ months trading, $5,000+ monthly revenue and a 650+ credit score as rough readiness thresholds
- These thresholds are general US small business lending norms, not any single lender's actual criteria
- Document readiness (tax returns, bank statements, a business plan) is scored as a simple yes/no
Limitations: This does not predict approval odds or a specific offer — every lender scores differently, and this score is preparation guidance, not a decision or a guarantee of any kind.
Runs entirely in your browser.
The Small Business Funding Readiness Kit
A practical worksheet covering what lenders check, what to prepare, and how to compare offers honestly.
Get the free guide →Debt-to-income check
A simplified read on how your existing debt payments compare to your income, similar to what a lender checks.
Assumptions this uses
- Uses a simplified personal-style debt-to-income calculation, not a formal business debt service coverage ratio
- Assumes a 36% total ratio as a common rough lender ceiling, though this varies by lender and loan type
Limitations: This does not account for business-specific measures like debt service coverage ratio, seasonal revenue swings, or how a specific lender actually weighs your business's cash flow.
Runs entirely in your browser.
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See real business loan offers from US lending partners
Once you know your target amount and rough readiness score, comparing actual offers is the next honest step.
Compare business lending partners →Compare two financing offers
Put two real offers side by side on their actual annual cost, not just the headline rate.
Assumptions this uses
- Compares annualized cost (12 months of payments plus one-time fees) for each offer as entered
- Assumes the one-time fees you enter are the full fee total quoted by each lender
Limitations: This does not account for different loan terms between the two offers, prepayment penalties, or how the fees are actually structured (rolled into the balance versus paid upfront).
Runs entirely in your browser.
The monthly payment is the least useful number on any business loan offer
Two business loans can carry the same monthly payment and differ by tens of thousands of dollars in total interest, because the term length and fee structure change everything. Before you compare offers, ask each lender for the total amount you'll repay over the full term, including origination fees. If a lender won't give you that number plainly, that's information too.