Small Business Financing Calculators


Calculate Business Loan Payments
Based on Different Numerical Inputs

Calculate Your Small Business Loan Payments

  • Daily
  • Weekly
  • Monthly
FACTOR RATE (written as a % to keep things simple)
Total Repayment
Cost of Loan
Total Repayment

Daily Payments

With this option the funds will be withdrawn daily, five days a week not including holidays, until the account is settled.

Weekly Payments

With this option the funds are withdrawn on a weekly basis, one payment per week, until the account is settled.

Monthly Payments

With this option payments are made on a monthly basis, one payment per month, until the account is settled.

What is a Factor Rate?

Factor rates are written in decimals although you can read a factor rate as a percentage. The calculator displays percentages to keep it simple. As an example, a factor rate of 1.18 in percentage terms is 18%. A factor rate of 1.45 written as a percentage is 45%. To explain in an actual funding option, borrowing $10,000 at a factor rate of 1.25 (25%) over any specified time period means you will pay back $12,500 over that time period regardless of how fast you pay it off (in the event you decide to pay it off early). It is important to point out that there is a significant difference between factor rate and APR. Factor rates are determined up front utilizing the original borrowed amount whereas APR is continuously calculated on the outstanding debt.

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