Revenue Based Loan Calculator

Simply enter the loan amount term and interest rate in the fields below and click calculate to calculate your monthly.

Revenue based loan calculator. 20 000 multiplied by 1 17 is 23 400 which is what you ll need to repay with daily transactions. This loan does not look at the debt service or debt ratio but it uses the most recent 4 6 months of cash flow statements and you can borrow up to 80 of those average monthly deposits. Can you keep up with your business credit card payments. But instead of fixed monthly payments you can make daily weekly or monthly payments.

Just select your loan amount and payment timeline we ll do the rest of the work for you. Let s look at how you can calculate the actual cost of revenue based financing. Personal info adjusted gross income enter the amount of your total taxable income which is what is recorded on irs form 1040 1040a or 1040ez. A revenue based cuts out 95 of the due diligence involved in a traditional loan and uses non conventional underwriting methods for approval.

Revenue based business loans are sometimes referred to as a business cash advance or revenue based financing you receive a lump sum that is based on your monthly revenue. This loan calculator will help you determine the monthly payments on a loan. This implies that your monthly payment will fluctuate depending on the performance of your business. Say you re financed 20 000 with a factor rate of 1 17.

Fill out your information in the income based repayment calculator to see what your federal student loan payments could be. Ach math can be a little confusing but we ve got your back. Business credit card calculator. It also compares your loans on ibr with the standard 10 year plan so you can see how your monthly payments loan term and overall balance would change.