Business Loan Calculator
Calculate payments for business loans, compare SBA vs conventional options, and find the best financing for your business. Get instant results and personalized lender recommendations.
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Business Financing by Industry
Every business is unique. See common financing needs for your industry and calculate loan payments.
Restaurant
Common financing needs:
- Equipment
- Working Capital
- Expansion
Retail
Common financing needs:
- Inventory
- Store Expansion
- POS Systems
Manufacturing
Common financing needs:
- Equipment
- Facility Purchase
- Working Capital
Professional Services
Common financing needs:
- Office Space
- Equipment
- Working Capital
Construction
Common financing needs:
- Equipment
- Working Capital
- Vehicle Fleet
Healthcare
Common financing needs:
- Medical Equipment
- Practice Purchase
- Expansion
Compare Your Financing Options
Understanding the differences between loan types helps you choose the best financing for your business.
SBA 7(a) Loans
Government-backed loans with competitive rates and flexible terms
Advantages:
- Lower down payments
- Competitive rates
- Flexible use of funds
- Longer repayment terms
Considerations:
- ⚠Longer approval process
- ⚠More documentation required
Conventional Business Loans
Traditional bank loans with faster approval but higher requirements
Advantages:
- Faster approval
- Less paperwork
- Relationship banking benefits
Considerations:
- ⚠Higher down payments
- ⚠Shorter terms
- ⚠Higher rates
Alternative Financing
Online lenders and non-traditional financing options
Advantages:
- Very fast approval
- Minimal documentation
- Bad credit OK
Considerations:
- ⚠Much higher rates
- ⚠Shorter terms
- ⚠Daily/weekly payments
Business Loan Payment Calculator
Calculate and compare monthly payments for different loan options to find the best fit for your business.
SBA vs Conventional Loan Examples
See real payment comparisons between SBA and conventional business loans. Discover how much you can save with SBA financing.
| Loan Amount | Loan Type | Rate | Term | Monthly Payment | Total Interest | Savings |
|---|---|---|---|---|---|---|
| $100,000 | SBA 7(a) | 10.5% | 10 years | $1,321 | $58,520 | Save $18,984 |
| Conventional | 12.5% | 10 years | $1,479 | $77,504 | - | |
| $250,000 | SBA 7(a) | 10.0% | 15 years | $2,685 | $233,300 | Save $52,200 |
| Conventional | 11.5% | 15 years | $2,975 | $285,500 | - | |
| $500,000 | SBA 7(a) | 9.5% | 20 years | $4,620 | $608,800 | Save $156,000 |
| Conventional | 11.0% | 20 years | $5,270 | $764,800 | - |
✅ SBA Loan Advantages
- • Lower interest rates (government backing)
- • Longer repayment terms
- • Lower down payments (10-15%)
- • Fixed rate options available
💰 Total Savings Potential
The examples above show potential savings of $18K to $156K+ over the loan term by choosing SBA financing over conventional business loans. Contact a qualified SBA lender for personalized rate quotes.
SBA vs Traditional Loan Comparison
Compare costs, terms, and benefits between SBA-guaranteed loans and conventional business loans.
Loan Comparison Calculator
How It Works
Our streamlined process connects you with the right SBA lender quickly and efficiently.
Calculate & Explore
Use our free calculators to estimate payments and explore your options
Get Matched
Skip the bank runaround - get connected with a lender who actually wants your business
Compare Offers
Review personalized loan offers and choose the best terms for your business
Trusted by Thousands of Business Owners
"Saved me 3 weeks of bank visits. Realized I qualified for $200K more than I thought possible!"
Sarah M.
Restaurant Owner
Loan Amount: $450,000
"The calculator showed me exactly what I could afford. No surprises, no runaround - just real numbers."
Mike C.
Manufacturing
Loan Amount: $750,000
"Found out I was eligible for SBA Express in 60 seconds. Had funding approval in 2 weeks instead of 3 months."
Jennifer R.
Medical Practice
Loan Amount: $320,000
Ready to Get Your Business Loan?
Connect with a pre-qualified lender who specializes in your business type and loan amount. Get personalized offers in 24-48 hours.