SBA Loan Calculator
SBA Loan Calculator
Estimate your monthly SBA 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
Estimate Monthly Payment on SBA loan
Estimate Your Payments
To effectively use this SBA loan calculator, you’ll need to gather a few extra details. The calculator requires the following information:
- Loan amount
- Down payment for a real estate or buyout loan
- Loan terms
The calculator will provide you with SBA fees and an Annual Percentage Rate (APR) to compare costs.
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.
An SBA loan is a government-backed financing option aimed at helping small businesses in the United States. Administered by the U.S. Small Business Administration, a federal agency dedicated to supporting small businesses, SBA loans are provided through a network of approved lenders and traditional banks. The SBA does not directly lend money; instead, it partially guarantees loans made by these institutions.
SBA loans can be an affordable and flexible solution for improving cash flow, expanding or purchasing a business, buying commercial property, or consolidating business debt.
Yes, it’s possible to have multiple SBA loans simultaneously. The SBA does not impose a limit on the number of loans you can have, but individual lenders might have their own restrictions. It’s essential to check with your lender to see if they permit multiple SBA loans.
Types of Business Loans
Aside from a traditional term loan, there are various other types of small business loans, each with different cost calculations. It’s important to explore these options to find the best fit for your specific needs.
ACH Loan Calculator
We simplify the process of calculating your ACH loan. Just choose your loan amount and payment schedule to get the information you need to make an informed decision.
Business Credit Card Calculator
Curious if you can manage your business credit card payments? This calculator will provide you with the answer.
Line of Credit Calculator
A line of credit provides flexible financing options. But is it cost-effective? Discover the details here.
read more
Short-Term Loan Calculator
A short-term loan can be useful in various scenarios. Let us assist you in calculating your possible payments.
read more
SBA Loan Calculator
Utilize our SBA loan calculator to figure out the monthly payments and interest rates for your small business.
read more
Commercial Mortgage Calculator
A commercial mortgage is a significant and crucial investment. Use this calculator to estimate your monthly payments for a commercial mortgage.
read more
Equipment Loan Calculator
Thinking about purchasing a new tractor or pizza oven? Use this calculator to determine what your monthly payments will be.
read more