How do I use a business loan calculator?

Our straightforward business loan calculator can help you estimate your monthly payments and help you make smart business decisions. To use this business loan calculator, type in the amount you’ll need to borrow, the interest rate and the term (in months).

What is a business loan repayment calculator?

Our business loan repayment calculator is designed to help you work out what your total and monthly repayments* will be, depending on the loan term and amount you choose. We can offer from £500 to £25,000 at a fixed interest rate of 6% per annum and you can choose a loan repayment term between one to five years. How much would you like to borrow?

How much does a startup loan cost?

While the average small business loan amount is $663,000, according to the Federal Reserve, startup loans are generally far less than this. That’s because, unlike more established small businesses, startup companies usually don’t have a strong credit history or a record of success to share with lenders.

What is a startup business loan?

A startup business loan offers funding for new businesses to help them get off the ground or expand their operations. While some lenders require that you’ve been in business for at least two years to qualify for a loan, the best startup business loans extend financing to businesses that have been around for six months or less.