Business Line of Credit Loan Calculator
Line of Credit Calculator
Estimate your monthly line of credit loan payments.
Loan Budget Calculator
Estimate the total amount you can potentially borrow
Ready to get the capital you need?
Complete a single, straightforward application. No fees or obligations, and your credit won’t be affected
Ready to get the capital you need?
Complete a single, straightforward application. No fees or obligations, and your credit won’t be affected
How to Use The Line of Credit Calculator
Estimate Monthly Payment
To get the most out of this business line of credit calculator, you’ll need to provide a few extra details. The calculator asks for the following information:
- Amount seeking
- Loan term
- Interest rate
From this calculator, you will get your estimated daily payment and total payment.
Estimate the size of the business loan you may be eligible for
You can estimate the amount you may qualify for with a business loan by entering your information. The calculator will provide a range of potential loan amounts, helping you gauge the expenses you might be able to cover and if you need to explore additional financing options. The factors determining the loan amount include:
Business Start Date
This is the month and year your business officially began operating.
Annual Revenue
This indicates the total revenue your business generates over a 12-month period.
Last Month’s Deposits
Last month’s deposits reflect the total amount of money you deposited into your business bank account during the previous month.
Estimated Credit Score
This is where you choose your business’s estimated credit score.