Business Loan Payment Calculator
Model your monthly payment across every product Quordx brokers, term loans, SBA 7(a), MCAs, equipment financing, lines of credit, and invoice factoring. Real July 2026 rates, honest best-case and typical estimates.
Calculate Payments for Every Type of Business Funding
Fixed monthly payments. Online-lender term loans typically run 12–32% APR depending on credit, revenue, and time in business; bank-tier borrowers may qualify lower.
Prefer a deeper dive? Read the Term Loan guide →
SBA 7(a) Loan Payment Calculator
SBA 7(a) loans carry the lowest rates on the market for small-business borrowers, but they amortize over long terms, often 10 years for working capital and 25 years for real estate, which is what keeps the monthly payment manageable on six- and seven-figure balances. The SBA caps variable 7(a) rates between Prime + 3.0% and Prime + 6.5% based on loan size, so a $250,000 loan at Prime + 5.5% (12.25% APR) over 10 years lands near $3,590 per month. Switch the slider to a 25-year real-estate term and the same balance drops under $2,000/month. Fixed 7(a) rates run slightly higher but lock the payment for the life of the loan. Every offer has to be underwritten to the SBA's cash-flow-coverage rule, so plan on 30–90 days from application to funding.
Merchant Cash Advance (MCA) Payment Calculator
MCAs don't have an APR, they price with a factor rate. Total payback equals your advance times the factor, and that total is debited from your bank account in fixed daily or weekly pulls over 3–18 months. A $75,000 advance at a 1.28 factor over 9 months, for example, means $96,000 total payback and roughly $2,462 per week for 39 weeks. The tradeoff: MCAs fund in 24–72 hours and approve on revenue rather than credit, but they're the most expensive product we broker on an annualized basis. Only use an MCA when the ROI on the capital clearly beats the factor rate, quick-turn inventory, an emergency repair, or a short-window opportunity. If you can wait a week, a line of credit or term loan will almost always cost less.
Equipment Financing Payment Calculator
Equipment financing is secured by the equipment itself, so lenders will finance 80–100% of the invoice and stretch the term to match the useful life of the asset, typically 2–7 years. Because there's real collateral behind the loan, rates run 7.5–22% APR and approval leans more on the equipment's resale value than on your personal credit. A $150,000 piece of equipment at 12% APR over 60 months amortizes to about $3,337 per month. Trucks, medical devices, and heavy machinery price at the low end of the range because the secondary market is strong; specialty and custom-fabricated equipment prices higher. Section 179 and bonus depreciation still apply in 2026, so consult your CPA, the after-tax cost of financed equipment is usually lower than the sticker payment suggests.
Business Line of Credit Calculator
A line of credit only charges interest on what you actually draw, so the payment calculator here shows the equal monthly amount required to fully repay a specific draw over the period you select. Business LOCs typically run 10–25% APR depending on whether the line is bank-issued or online, secured or unsecured, and the borrower's credit and revenue. A $50,000 draw at 15% APR paid off over 12 months is about $4,514 per month; stretch the same draw to 24 months and it drops to $2,424. Unlike a term loan, once you repay principal it becomes available to draw again, which is why lines of credit are the workhorse product for bridging AR gaps, funding recurring inventory buys, or handling short-notice payroll. Speed to funding is typically 1–7 days.
Invoice Factoring Cost Calculator
Invoice factoring isn't a loan, you sell an outstanding B2B or B2G invoice to a factor and receive an advance of roughly 85% of the invoice value immediately, then get the remainder (less the factoring fee) once your customer pays. The fee is expressed as a percent per 30 days: 1–4% is typical in 2026, priced off your customer's credit and payment history, not yours. A $100,000 invoice at a 2% fee with net-30 terms nets you $85,000 up front and $13,000 in the final settlement after the $2,000 fee. Because factors advance in 24–72 hours, this is one of the fastest ways to unlock capital for businesses with slow-paying customers, and it doesn't add debt to your balance sheet. Factoring only works if you invoice other businesses; consumer-invoice factoring is rare and expensive.
Term Loan Payment Calculator
A conventional term loan is the simplest business-funding product: a fixed lump sum, a fixed rate, and equal monthly payments over a set term. Online term loans in 2026 run 12–32% APR with terms from 6 months to 5 years and fund in 1–5 days. Bank term loans price lower, 8–14% APR for well-qualified borrowers, but take 2–6 weeks and typically require stronger financials and collateral. A $100,000 term loan at 18% APR over 24 months amortizes to about $4,992 per month, or $7,229 per month at 12 months. Term loans work best for defined, one-time uses of capital with a clear payback horizon: expansion, buildouts, marketing pushes, or refinancing more expensive short-term debt. If you'll need to draw funds repeatedly, a line of credit is a better fit.
How Business Loan Payments Are Calculated
Every business-funding product falls into one of two math camps: amortized (interest-rate priced) or flat-fee (factor-rate or fee-priced). The math is very different, and using the wrong mental model is how borrowers over-pay.
Amortized loans, term loans, SBA 7(a), equipment financing, and lines of credit, use the standard amortization formula. The monthly payment is P = L · r / (1 − (1 + r)-n), where L is the loan amount, r is the monthly interest rate (APR ÷ 12), and n is the number of monthly payments. Each payment is part interest and part principal, with the interest share shrinking as the balance drops. A longer term always lowers the monthly payment but raises the total interest paid.
Factor-rate products, merchant cash advances and revenue-based financing, don’t have an APR. Total payback = advance × factor. A $50,000 advance at a 1.30 factor equals $65,000 total repayment, and that $65,000 is debited from your account in fixed daily or weekly ACH pulls until it’s paid off. Speeding up repayment doesn’t reduce cost, the $15,000 fee is baked in the moment you sign.
Invoice factoring is a third structure: it’s not a loan, it’s a sale. You sell the invoice to the factor, receive an advance (typically 85% of face value), and get the remainder minus a fee (typically 1–4% per 30 days) once your customer pays. No debt hits your balance sheet.
Always translate factor rates into equivalent APR before comparing an MCA to a term loan. A 1.28 factor over 6 months is roughly 90%+ APR; the same 1.28 factor over 18 months is closer to 35% APR. Same total dollar cost, very different annualized cost.
Current Business Loan Rates (July 2026)
Refreshed quarterly against published lender data. WSJ Prime rate: 6.75%.
| Product | 2026 Rate Range | Typical Term | Speed to Fund |
|---|---|---|---|
| SBA 7(a) Loan | Prime + 3.0% to Prime + 6.5% (9.75–13.25% APR) | 10 yrs (25 for real estate) | 30–90 days |
| Equipment Financing | 7.5–22% APR | 2–7 years | 2–10 days |
| Line of Credit | 10–25% APR | Revolving (6–24 mo repay) | 1–7 days |
| Term Loan | 12–32% APR (online); 8–14% (bank) | 6 months – 5 years | 1–5 days |
| Invoice Factoring | 1–4% fee per 30 days | Per invoice (30–90 days) | 24–72 hours |
| MCA / Revenue-Based | 1.15–1.40 factor rate | 3–18 months | 24–72 hours |
Rate ranges reflect published market data across the top online and bank lenders in the Quordx network as of July 2026. Individual offers vary by credit, revenue, time in business, industry, and lender box.
Business Loan Payment Calculator FAQs
How much would a $100,000 business loan cost per month?
It depends entirely on the product and rate. A $100,000 online term loan at 18% APR over 3 years is about $3,615 per month. The same balance as an SBA 7(a) loan at 12% APR over 10 years drops to roughly $1,435 per month. A $100,000 MCA at a 1.28 factor over 9 months, by contrast, translates to about $12,800 per month (~$3,200 weekly). Use the calculator above to model your exact amount and term.
How are business loan payments calculated?
For amortized loans (term loans, SBA 7(a), equipment financing, lines of credit) the payment uses the standard amortization formula: P = L·r / (1 − (1 + r)^-n), where L is the loan amount, r is the monthly interest rate (APR ÷ 12), and n is the number of monthly payments. For merchant cash advances and revenue-based financing, total payback equals the advance times the factor rate; that total is then divided across the estimated repayment window as daily or weekly ACH pulls.
What's the difference between APR and a factor rate?
APR is an annualized interest rate expressed as a percentage, it lets you compare loans of different terms apples-to-apples. A factor rate is a flat multiplier (e.g., 1.28) that determines total payback regardless of how long you take to repay. Two loans with identical dollar cost can have wildly different APRs if their repayment windows differ. A 1.28 factor over 6 months is roughly a 90%+ APR; the same 1.28 factor over 18 months is closer to 35% APR. Always translate factor rates into an equivalent APR before comparing MCAs to term loans.
Are the rates on this calculator guaranteed?
No. These are 2026 industry-average ranges based on published lender data as of July 2026, not offers or quotes. Your actual rate depends on your personal credit, business credit, revenue, time in business, industry, and the lender's underwriting box. Real offers come after you apply and lenders review your bank statements and financials.
Which business funding option has the lowest monthly payment?
SBA 7(a) loans almost always produce the lowest monthly payment on a given balance because they combine the lowest available rate (Prime + 3.0–6.5%) with the longest terms (10–25 years). Equipment financing is second because collateralized loans stretch to 7 years. Short-term products, online term loans, MCAs, and lines of credit, carry higher monthly payments even at similar totals because they amortize over 6–36 months rather than 10+ years.
Does Quordx charge anything to use this calculator or to apply?
No. Quordx Capital is a commercial finance broker paid by lenders, not by borrowers. You will never be charged a fee by Quordx, for the calculator, for the application, or after funding. Every offer we present includes full disclosure of the lender's rate, fees, and terms before you sign anything.
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Disclaimer: This calculator provides estimates only, based on market rates as of July 2026, not an offer, commitment, quote, or guarantee of credit. Actual rates, fees, and terms are set by the funding provider and depend on your business’s qualifications, including credit, revenue, time in business, industry, and lender-specific underwriting. APR ranges reflect published market data at time of publication and may change; MCAs and invoice factoring are priced with factor rates and fees rather than interest, and their cost is shown accordingly. Amortized-loan math uses the standard formula P = L·r / (1 − (1 + r)-n). Quordx Capital is a commercial finance broker, not a lender, and is compensated by lenders, borrowers are never charged a fee by Quordx. All offers presented to you include full transparency on every fee, rate, and term before you sign. Products may not be available in all states or industries.