Equipment Loan Calculator
Equipment Loan Calculator
Estimate your equipment 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 Equipment Loan Calculator
Estimate Your Payments
To effectively use this business equipment loan calculator, you’ll need to gather a few extra details. The calculator requires the following information:
- Amount seeking
- Loan term
The calculator will provide you with an Annual Percentage Rate (APR) to compare costs. Total interest can be calculated by subtracting fees from the total financing cost.
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.
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.
Short-Term Loan Calculator
A short-term loan can be useful in various scenarios. Let us assist you in calculating your possible payments.
SBA Loan Calculator
Utilize our SBA loan calculator to figure out the monthly payments and interest rates for your small business.
Commercial Mortgage Calculator
A commercial mortgage is a significant and crucial investment. Use this calculator to estimate your monthly payments for a commercial mortgage.
Equipment Loan Calculator
Thinking about purchasing a new tractor or pizza oven? Use this calculator to determine what your monthly payments will be.