Business Financing Calculators

No. It is arithmetic on the numbers you typed. Capital Gurus is not a lender. Rates, fees and terms are set by the funding provider and disclosed in your agreement. The amount, the rate and the term in a real offer are decided by the provider after it reads your file, and the payment follows from that decision rather than from this site.

Enter a round number to see the shape of the payment, then replace it when an offer arrives. The useful exercise before you apply is not guessing the rate — it is seeing how much payment your cash flow can carry at each schedule length.

Because an advance is not a loan and has no interest rate. It is a purchase of future receivables priced with a factor rate: the funded amount multiplied by the factor rate gives the payback amount, and remittance follows sales until that amount is collected. The merchant cash advance page works it through.

Each loan calculator has a field for a one-off fee charged as a percentage of the amount, and that fee is added to the total and to the cost of the money. On the SBA loan calculator that field takes the guarantee fee. Recurring charges — maintenance fees, insurance on financed equipment — are not modelled, and every fee that applies to you is disclosed in your agreement.

The cost of the money: interest plus fees. A longer schedule always produces a smaller payment and almost always a larger total, so comparing monthly payments alone will reliably send you to the more expensive offer. Then ask what happens if you pay it off early.