A Wiser Business Loan Calculator
How much do you want to borrow?
Business financing of could cost
This amount is an estimate based on what a typical bank may offer. All lending is subject to application and approval by the lender. The actual amount you can borrow will depend on your situation and lender criteria. RateWise is an introducer, not a lender.
This is a representative example based on borrowing at % of interest over rate years.Back
Loan Calculator FAQs
Is a business loan the best option for my business?
Business loans are usually a suitable option for most businesses. Apply for free in minutes and see what deal you are eligible for. Then decide if it is a wise decision for your business. If you have any questions along the way, ask your certified lender.
How much can you borrow with a business loan?
Business loans are usually available for any amount between £500-£500,000. The amount you can borrow will depend on your business and can be discussed with your certified lender.
What can a business loan be used for?
Business loans can be used for many purposes including:
– Increasing your business cash flow
– Purchasing stock
– Buying equipment or property
– Funding marketing campaigns
– Refinancing debt
– Expanding the business
Your application will be reviewed in a fair manner, no matter the reason for taking out the business loan.
Will my business loan be approved?
Once you’ve applied and spoken with a lender, you should be able to get approved shortly. Any delay may be caused due to credit checks or document verification.
Do you charge any fees?
RateWise never charges any application fee for submitting a business loan application on our website. We are completely lender-funded so we are proud to pass the savings on to you.