Estimate your monthly payment, total interest, and total repayment on an amortizing business loan — then compare it to a merchant cash advance to see how much you could save.
Standard amortization estimate. Educational only, not an offer of credit.
This is an estimate. Apply to see actual offers across working capital, lines of credit, equipment financing and more.
Apply — 2-4 hr decisionCompare to an MCAAn amortizing loan spreads principal and interest into equal monthly payments. Early payments are mostly interest; later payments are mostly principal. Lowering your rate or extending your term reduces the monthly payment — but a longer term means more total interest. Use the fields above to find the balance that fits your cash flow, and explore working capital, equipment financing, and lines of credit.
An amortizing loan uses your principal, annual interest rate and term to produce a fixed monthly payment. Each payment covers interest on the remaining balance plus a bit of principal. This calculator shows the monthly payment, total interest, and total repayment.
It depends on your revenue, credit, time in business and the product. Stronger files get lower rates. Merchant Fund Express works with businesses doing $15,000+/month with a 500+ FICO and offers working capital, lines of credit, equipment financing and more.
Almost always, in APR terms. If you have been quoted a merchant cash advance, compare its effective APR (use our MCA calculator) against an amortizing loan here — the difference is often dramatic.
Merchant Fund Express gives honest 2-4 hour decisions and same-day funding is possible. Apply online to see real numbers.