SBA Loan Calculator

Calculate SBA loan payments for 7(a), 504, and microloans. Estimate monthly costs, rates, and terms for Small Business Administration loans.

Calculate Your SBA Loan Payment

$350,000
$25,000$5,000,000
120 months
60 months300 months
7.5%
5.5%11%
15% ($52,500)
10%30%

Requirements for SBA Loan Financing

  • 2+ years in business (startups may qualify)
  • 680+ credit score
  • Positive cash flow or solid business plan
  • No recent bankruptcies or defaults

What Can You Use SBA Loan Financing For?

Business acquisition
Commercial real estate
Equipment and machinery
Working capital
Debt refinancing
Business expansion

Pros & Cons

Advantages

  • +Lowest interest rates available for small business
  • +Longest repayment terms (up to 25 years for real estate)
  • +Lower down payments than conventional loans
  • +Government guarantee reduces lender risk
  • +Wide range of qualifying purposes

Considerations

  • -Lengthy application and approval process
  • -Extensive documentation requirements
  • -Personal guarantee required
  • -Collateral often required
  • -SBA fees add to total cost

Frequently Asked Questions

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Get pre-qualified in 60 seconds with no impact to your credit score.

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Quick Facts

Amount Range$25,000 - $5,000,000
Terms Available60 - 300 months
Typical Rates5.5% - 11%
Down Payment10% - 30%
Funding Speed30-90 days
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No credit check required

Industries We Serve

A restaurant owner securing $500,000 SBA loan for second locationA manufacturing company financing $2M equipment expansionAn entrepreneur purchasing $1.2M existing business with SBA 7(a)