Business Loan Repayment Calculator
Get quick estimates using our online calculation device to support your finance preparation, planning and assessment processes.
This calculator comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for finance or any indication that an application has been received or approved. The repayments quoted may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.
Easily Compare Rates, Lenders, Finance Options with Business Loan Repayment Calculator
Our versatile finance estimating tool provides operators with an essential tool to quickly and easily generate meaningful figures for comparison purposes. Estimates can be compared on different credit facilities – Chattel Mortgage, Rent-to-Own, Lease and CHP, Secured and Unsecured Loans, to assist with decision-making. Rates and lenders can quickly be compared based on estimated repayments on specific finance requirements.
The functionality allows for ease and speed of use and the latest technology we have incorporated into the device allows for reliable figures to be easily obtained. Use our current best rates to get started. You’ll quickly see the estimated finance payment based on our rates and see how competitive we can be in the commercial lending market. Rates will vary based on different credit profiles and application specifics. For your competitive rate quote, connect with our expert brokers.
Securing the most competitive interest rates can be critical to obtaining cost-effective and affordable finance. We simplify the process of finding your best rates by providing access to a lending market of over 80 lenders including both the banking and non-banking sectors. Our brokers quickly find you the most suitable lender and the best rate for your specific finance requirements. Request a quote for your best rates.
- Quickly estimate payments on all types of commercial loans.
- Secure competitive rates from 80+ lenders.
- Expert business finance brokers to source your best rates.
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Stop making guesstimates with important commercial finance decisions. In a few quick moves, generate estimated repayments on asset finance, commercial loans, compare rates, makes and models, and establish financing structure preferences.
Follow-up by connecting with our skilled finance brokers for your competitive interest rate quote.
Simply Use Our Business Loan Repayment Calculator for Reliable Figures to Budget, Compare, Plan Finance
Investing in new assets can involve major decisions around the viability of financing. Our calculation device empowers owners and operators to quickly generate reliable payment estimates on their choice of asset finance – Lease, Chattel Mortgage, Rent-to-Own and CHP. Simply enter the relevant interest rate for the preferred credit facility with the finance amount required and the estimates for your heavy vehicle, motor vehicle or plant, machinery and equipment finance will be displayed. Many operators may be approved for no deposit finance, so use the full purchase price as the finance required. Where accessories and add-ons are required with the unit, our brokers can usually include those in the finance. Include them when generating estimates to obtain a more workable figure. Start estimating figures that you can use for your investment decisions.
Preparing budgets can be a tiresome task, especially without access to reliable figures. Our calculation device makes the task much easier by quickly calculating reliable estimates. Businesses can obtain finance estimates on unsecured and secured commercial loans for a wide range of purposes such as purchasing inventory, materials and other expenditure. When preparing forward budgets, figures can be generated with different interest rates to allow for any rate market fluctuations. Estimates can be calculated for different finance totals to allow for any price fluctuations in the goods prior to applying for finance.
Structuring finance with the most suitable term can be integral to achieving targeted ROI. Opting for a specific balloon amount may be integral to achieving the most workable monthly payment schedule. Using the calculation device, operators can work up a range of different combinations to establish their preferences prior to applying for finance. Simply change the term, balloon and even borrowing total to set your specific requirements, ready to brief our brokers. Changing the finance total to different amounts may also assist with deciding on the deposit to make and to allow for trade-in values.
Taking on finance can be a major commitment. When considering taking on credit to support cash flow, to purchase supplies with financing, to embark on product development and marketing with loans, or any other expenditure, calculate payment estimates for evaluation purposes. Consider if repayments are workable and decide which credit facility may be the most affordable option. Assess payment estimates against turnover forecasts. Whatever finance commitments are being considered, the finance calculation device may be extremely helpful with key decisions.
When purchasing trucks, cars, machinery and equipment, operators can have multiple different makes and models to consider. Where the pricing varies, finance estimates can be quickly calculated to assist with comparisons and buying decisions. Payment estimates based on prices can be calculated by entering the different prices as the finance total and leaving rate, term and balloon unchanged. Note the results as the device does not store calculations in a memory. For your specific quote, contact our brokers.
Plan Asset Acquisitions with Finance Estimates
Investing in new assets can involve major decisions around the viability of financing. Our calculation device empowers owners and operators to quickly generate reliable payment estimates on their choice of asset finance – Lease, Chattel Mortgage, Rent-to-Own and CHP. Simply enter the relevant interest rate for the preferred credit facility with the finance amount required and the estimates for your heavy vehicle, motor vehicle or plant, machinery and equipment finance will be displayed. Many operators may be approved for no deposit finance, so use the full purchase price as the finance required. Where accessories and add-ons are required with the unit, our brokers can usually include those in the finance. Include them when generating estimates to obtain a more workable figure. Start estimating figures that you can use for your investment decisions.
Easily Prepare Budgets with Reliable Finance Figures
Preparing budgets can be a tiresome task, especially without access to reliable figures. Our calculation device makes the task much easier by quickly calculating reliable estimates. Businesses can obtain finance estimates on unsecured and secured commercial loans for a wide range of purposes such as purchasing inventory, materials and other expenditure. When preparing forward budgets, figures can be generated with different interest rates to allow for any rate market fluctuations. Estimates can be calculated for different finance totals to allow for any price fluctuations in the goods prior to applying for finance.
Establish Finance Structure Preferences
Structuring finance with the most suitable term can be integral to achieving targeted ROI. Opting for a specific balloon amount may be integral to achieving the most workable monthly payment schedule. Using the calculation device, operators can work up a range of different combinations to establish their preferences prior to applying for finance. Simply change the term, balloon and even borrowing total to set your specific requirements, ready to brief our brokers. Changing the finance total to different amounts may also assist with deciding on the deposit to make and to allow for trade-in values.
Assess and Evaluate Finance Commitments
Taking on finance can be a major commitment. When considering taking on credit to support cash flow, to purchase supplies with financing, to embark on product development and marketing with loans, or any other expenditure, calculate payment estimates for evaluation purposes. Consider if repayments are workable and decide which credit facility may be the most affordable option. Assess payment estimates against turnover forecasts. Whatever finance commitments are being considered, the finance calculation device may be extremely helpful with key decisions.
Compare Different Vehicle & Equipment Models
When purchasing trucks, cars, machinery and equipment, operators can have multiple different makes and models to consider. Where the pricing varies, finance estimates can be quickly calculated to assist with comparisons and buying decisions. Payment estimates based on prices can be calculated by entering the different prices as the finance total and leaving rate, term and balloon unchanged. Note the results as the device does not store calculations in a memory. For your specific quote, contact our brokers.
Quickly Estimate with Our Business Loan Repayment Calculator to Assist and Support Your Important Commercial Decisions
- Obtain reliable figures to support investment decisions.
- Budget for major asset acquisitions with finance.
- Evaluate cost-effectiveness of different credit options.
- Assess affordability of financing business expenses.
- Get quick finance estimates online, any time, any place.
How do you use a business loan repayment calculator? Very easily!
It’s very easy to calculate finance payments with our online device. Users do not need any special knowledge of the commercial lending market or any special skills in computing or maths. A basic understanding of completing online forms and knowing the type of credit needed is essentially all that is required.
The fields – the boxes or spaces that you need to enter figures into are clearly marked. The first one is the finance total. Type in the amount needed for the finance which may be 100% of the purchase price of goods. Type in the interest rate applicable to the credit facility required – rates are different for CHP, Chattel Mortgage, Lease, Rent-to-Own, Overdrafts and Unsecured Loans.
The term is the amount of time to repay the finance. Asset finance may be secured for up to 7 years, subject to individual applications and lender criteria. Enter a preferred term. The balloon field is applicable to estimates for Chattel Mortgage and CHP. Balloons can be negotiated but may be subject to lender decisions. Enter a value to get started.
Once figures have been entered into all the fields, the device completes the complex interest computations to display the monthly commitment based on the figures entered. To get another estimate, one or all of the figures can be changed. The device does not have a memory. Note the preferred results for reference. Enter your finance figures to get your estimates now.
- Versatile business loan calculator – all credit facilities.
- Easy-to-use, fast results.
- No special skill or knowledge required.
Business Loan Repayment Calculator Estimates in Your Ballpark? Request a quote from our expert brokers
Whether the estimates calculated suit your expectations and work with your cash flow or not, our expert brokers are ready to provide you with a specific finance quote. We provide a personalised service with all commercial loans individually handled by one of our highly skilled brokers. The best rates from the most suitable lender are sourced, terms and conditions negotiated, and solutions individually structured to meet specific customer objectives.
Our application process is streamlined for simplicity and speed. Many approvals are obtained within 24 hours to expedite your acquisition. Conveniently apply online or phone and provide your details to one of our brokers directly.
Most Frequently Asked Questions
Is GST included in the estimates obtained on a business loan repayment calculator?
No. GST is not allowed for when calculating estimates with an online finance tool. GST on repayments does not apply to all types of commercial credit. GST does apply to Lease and Rent-to-Own repayments and will be advised when a quote is obtained.
How do I estimate unsecured loans with a business loan repayment calculator?
To estimate payments for unsecured loans using an online calculating device enter the interest rate for the unsecured credit required in the device with the amount required and preferred term
What finance products can be estimated using a business loan repayment calculator?
Online commercial finance calculators can be used to generate estimates for a range of credit facilities. The results obtained are based only on the figures entered by the user. By entering the appropriate interest rate for Chattel Mortgage, Lease, CHP, Rent-to-Own, unsecured loans and other credit products, an estimate for that type of credit can be obtained.
What is the balloon box used for?
The balloon is a feature with Commercial Hire Purchase and Chattel Mortgage. It is a part of the amount being borrowed which is due for full payment after the final monthly payment. If requiring these forms of finance, a percentage may be entered into the balloon field.
What interest rate do I use to get business loan repayment estimates with a calculator?
Users can type in any interest rate to obtain estimates. They may use the rates displayed by the provider of the device or a rate they have sourced from other credit providers. A higher or lower amount may be entered if seeking estimates to allow for different offers and/or rate market fluctuations.
How do I compare truck Rent-to-Own and Lease with an online loan calculator?
To compare estimated payments on Lease with Rent-to-Own, carry out two sets of calculations. First enter the rate for Rent-to-Own with total and term. Secondly, enter the rate for Lease while leaving total and term the same. Note the differences in the estimates as the rates are different.
Does a business loan repayment calculator estimate allow for tax deductions?
No. Tax deductions are not allowed for when generating estimates with an online finance estimating device. Deductions do not impact repayments. They are allowed in the annual accounts and tax returns.
Can I get used equipment finance estimates with an online calculator?
Used equipment finance estimates can be obtained using an online calculation device. Users should be aware that interest rates and terms offered for used equipment loans may be different from new equipment finance. New equipment rates may be used as a guide to estimates only.
Can a business loan calculator be used to calculate low doc loans?
Low doc loans can attract different rates and terms from loans for established businesses. Estimates for guide purposes may be calculated using interest rates as displayed by lenders or with a higher rate to allow for any low doc variations.
Why is my finance quote different to the estimate I calculated with a loan calculator?
Online calculators do not include lender fees and charges which can vary with lenders. Online calculators do not allow for credit score variations with users. These both can result in any loan offer being different from the results obtained with the online device.
Let Easy Equipment Finance simplify the process by taking care of the complicated steps for you
