Free tools
Business loan calculators that think in dollars
Four free tools to pick the right structure, check you're ready, decode a factor rate and compare offers on total cost. No rates to guess, no sign-up, nothing sent anywhere.
Why our business loan calculators don't ask for a rate
Most business loan calculators start by asking for an interest rate. That's a problem, because you don't know your rate until a lender has assessed you, and every facility is priced on the borrower's own circumstances. Business lending also doesn't have to show a comparison rate, so headline figures are hard to line up anyway.
So our tools work the other way round. The Best Biz Loan Finder judges fit: which structure suits your goal, timing, security, trading history, credit and cash flow. The loan readiness score judges preparation. And when real offers arrive, the factor rate calculator and total cost comparer turn them into dollars you can compare honestly.
A sensible order to use them
- Finder: get a ranked shortlist of structures and read the verdict for each.
- Readiness score: fix the two weakest areas before you apply.
- Enquire: tell us the job in about a minute, with no credit check at that first stage.
- Calculators: when offers come back, convert and compare them in dollars before you sign.
Want the reasoning behind the verdicts? Read how we judge, or browse the best business loans by situation.
Tool questions
Is there a business loan calculator that doesn't need an interest rate?
Yes. Our tools work in dollars. The total cost comparer uses the repayments and fees from your written offers, and the factor rate calculator converts a factor or payback figure into total cost and repayments. Neither asks you to guess a rate.
Which tool should I use first?
If you're not sure which kind of loan suits you, start with the Best Biz Loan Finder. If you know what you want but wonder whether you're ready, take the loan readiness score. Once offers arrive, use the factor rate calculator and the total cost comparer.
Do the tools save or send my answers?
No. All four tools run in your browser. Nothing you enter is stored or sent, and using them never touches your credit file.
Can the tools tell me if I'll be approved?
No, and we'd be wary of any tool that claims to. They judge fit, readiness and cost. Whether a lender approves depends on a full look at your figures and security, which happens only if you decide to apply.
Rather skip the maths?
Tell us what you need and a real person will lay out the structure, the term and the total cost in plain dollars. No credit check to enquire.
No credit check to ask
Finding out which structure suits you doesn't leave a mark on your credit file. A check only comes up if you choose to go ahead.
Not sprayed to a crowd
Your enquiry isn't auctioned off to a list of lenders. One specialist works out the best fit and talks you through it.
A real person, honest verdict
Someone reads your answers and calls you. Fill the form in accurately and the first option you hear is far more likely to be the right one.