Determine the total cost of your business line of credit. 

Business Line of Credit Calculator

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How much do you need?

Estimated Factor Rate

Estimated Term

Payment Frequency

Total Repayment:
Number of Payments:
This is an estimation tool that provides a range of possibilities depending on creditworthiness and terms selected. Terms can be adjusted to increase or decrease your payment. To see all our loan calculators click here.

See if you qualify for your business line of credit.

We value the overall health of your business, not just your credit score.
This helps us work out the most benefitial options for you, regardless of your business history.

Time in Business

We evaluate how long you’ve been in business and repayment history.

Annual Revenue

We look at your annual revenue and review your daily balances.


Don’t worry, your credit score or defaults won’t be the deciding factor

What is the business line of credit calculator?

Researching your options is the smartest way to explore business funding programs, and some of the best research is done with a net terms calculator. In this case, if you are considering a business line of credit, using a business line of credit calculator can help you to visualize and more fully understand what repayment with interest would look like.

A business line of credit is a revolving source of working capital, you can continue to spend as long as you pay down enough to stay within your max credit limit. Many business owners prefer this to a business loan because you only pay interest on what you use and you have continued access to additional cash flow. For a more in depth explanation on a business line of credit and how it can help your business, read our business line of credit page.

There are several pieces of information you’ll need to factor in when using the business line of credit calculator. You end goal is to see how much debt you could reasonably take on without being overleveraged while still accessing enough capital to meet your needs.

Here’s what you will need:

Since you’re paying interest on borrowed money, you’ll need to know what you’re spending it on and what the returns will look like.

The business line of credit calculator will ask for loan amount, interest rate, and term. Loan amount is how much you spent, not the max credit limit, since you only pay interest on what you use. Next, the net terms calculator will ask for interest rate and loan term. Loan term would be what you would pay including compound interest over the period of time you expect to be repaying the money borrowed. Compound interest means you are paying interest on interest.

Important Note: The business line of credit calculator measure monthly repayment after taking out one large sum, but the program is on revolving credit lines. This means you could repay the borrowed amount sooner, freeing up more credit limit for new purchases. The business line of credit calculator is meant to serve as a guide, but your payments could vary if you choose to make additional payments or purchases. Payments would also vary if you use a business line of credit with weekly or even daily repayment terms instead of monthly.

Why not choose a business credit card?

If you have a business credit card, you’ll be familiar with how a business line of credit works already. But there are differences, such as max credit limits and rates and terms. A business line of credit will likely have larger amounts, lower interest and a set term as opposed to business credit cards which have lower credit limits, higher rates and indefinite terms.

The larger amount allows for bigger projects and purchases. It can be used for:

  • Buying new equipment or machinery
  • Furnishing an office
  • Upgrading a transportation fleet
  • Expanding product lines
  • Winning bigger contracts
  • Remodeling or expansion

Use the business line of credit calculator to input the amount of money you’d like to withdraw, an interest rate percentage, and how long you think it’ll take you to pay down the drawn amount. The result should give you the amount you would have to pay on a monthly basis in order to meet the loan’s term. Play around with the numbers to come up with a realistic monthly payment you would feel comfortable paying.


Always beware of the fees, which you should look into when comparing business lines of credit. There are several ways fees can work their way into your repayment schedule.

Origination fee

All the fees associated with applying for, closing, and taking form the business line of credit. Often loans have an underwriting fee for analyzing your business and drafting the contract.

Maintenance fee

Inactive accounts may be subject to a maintenance fee. You can avoid this fee by keeping you account active and using the line of credit to make purchases and payments.

Overdraw fee

Also referred to as a draw fee, this is the fee that comes with overdrawing your account, or spending more than your credit limit allows. Avoid this extra fee by paying down what you’ve already spent before making additional purchases.

What affects your rates:

Credit score

Your credit score, obtained from your credit card payments, loan payments and other money borrowing factors, does affect your rates in a business line of credit. Just like with any financial product, the better health your business is in the better rates you will get and the riskier your business is to lend to the higher rates you will get. No need to worry, there are many bad credit business loan options on the market.


The more you make the more easily you can pay off what you borrow. Companies with strong revenue will have better rates because they are less of a risk to finance. If you revenue isn’t incredibly strong you can either look for collateralized funding to take assets on your loan or invoice based financing to only borrow what revenue is already contracted to come in.

Amount desired

Again, this comes back to risk amount. Interest is paid to offset the risk taken by the lender to provide funding to another business or person. If you want a large amount of funding or credit, more is at stake for the lender if you default. Smaller amounts will have lower rates, but you may find you are limited in the projects you can achieve.

Business line of credit examples

It often helps to visualize what your repayment will look like. Writing out your financial plan can help you find the right amount of funding at the right rates for your business based on a net terms calculator.

Example #1 – Monthly repayment:

Let’s say your business wants $50,000 in credit and gets approved from a lender for a rate of 14%. Your repayment terms are monthly, and you want to be done paying back your $30,000 purchase in 8 months.

The total repayment is $31,596.31, with $1,596.31 being from the 14% interest. Monthly repayment would be $3,949.54 for 8 months or $929.30 weekly.

Example #2 – Weekly repayment:

Now let’s say your business receives a $20,000 business line of credit and wants to make weekly payments on a $17,000 purchase. You have low credit and get an interest rate of 19% and you need your cash flow to be free from debt repayments in 4 months.

The total repayment is $20,230.00, with $3,230.00 of that being in interest. Weekly payments for four months comes out to 12 weeks of $389.04, or if you’d rather monthly payments $1,566.66.

Examining these two situations from the net terms calculator, you can see that rate affects how much extra you spend to borrow the money, while amount and term length impact the payments being made. If your cash flow can handle nearly $4,000 a month in repayment, then you can afford a larger loan. If you need a smaller payments, withdrawing less would affect you more than the rate, so long as the term doesn extend beyond two years.

If you are unsure of what your business can handle once utilizing the business line of credit calculator, it might be wise to consult with a cash flow management software or an accountant. New York Tribeca Group is always available for funding help if needed.

How to qualify for a business line of credit

Accessing funding for your business is now easier than ever. With online technology, funders can now easily underwrite a business with minimal paperwork and documentation required.

Here’s what you’ll need to qualify:

  • 3+ months in business
  • $110K+ annual revenue
  • 550+ credit score

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Got some questions?

A business line of credit calculator is a device that will help you prepare for what to expect with your loan.

It allows you to get an approximate number for everything that your loan will entail. Fees, length of loan and how much you need.

It’s pretty simple. Just be sure to have your loan amount, the ideal time frame and how frequently you’d like to make payments.

Once you plug these numbers in, it’ll generate a breakdown of what the loan will cost you overall.

Fees and rates are always a factor in any financing. It’s meant to cover all ties and ends.

You’ll be notified of all fees upfront when given your financing options. We don’t want you to have to worry about hidden fees that you weren’t prepared for.

Financing options don’t cost anything up front. There will be interest rates and fees down the line but they will be included in repayments.

We recommend that you calculate how much the business line of credit will cost you by using our calculator. 

Having a healthy overall business is key to qualifying for business rates. The better shape your business is in, the better chances you have of getting a better offer.

It’s  not all about a good credit score but making sure that everything else in your business lines up well.

The calculator has an extremely high accuracy rate. If it doesn’t give you the results you predicted, it should be very close.

Loan amounts and fees are subject to change when in the process of negotiating a deal for your business line of credit.

What are you waiting for? Get your capital today.

Fill out a quick questionarie about your business. Receieve a decision within hours and get funds by the end of the day.

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