Business Loan Calculator

Enter your loan amount, term length, and interest rate. The calculator returns your monthly payment, total interest paid over the life of the loan, and total cost. For factor-rate products like merchant cash advances and revenue-based financing, switch to factor rate mode.

APR (Annual Percentage Rate) applies to traditional term loans, lines of credit, and equipment financing. It's a percentage that compounds based on the remaining balance. Factor rate is a flat multiplier used in MCAs and revenue-based financing. A 1.25 factor rate on a $50K advance means total payback is $62,500 ($50K × 1.25) regardless of how fast you pay it off.

These are estimates based on standard amortization. Actual rates and payments depend on your credit profile, time in business, monthly revenue, industry, and loan type. Apply for a soft-pull pre-qualification to see real numbers — no impact to your credit.

Working capital and term loans typically range 8% to 36% APR depending on credit profile and time in business. MCAs and revenue-based financing typically use factor rates between 1.15 and 1.45. The exact rate depends on revenue stability, credit, and industry — apply for a real quote.

If you have stable revenue and want predictable monthly payments, APR loans are usually cheaper over the life of the loan. If you have variable revenue (restaurants, retail, seasonal businesses) or need cash fast without strict credit requirements, factor-rate MCAs make sense. Talk to a specialist at (305) 384-8391 to figure out which fits your business.