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Call Now: (844) 501-8662
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Get Started

Long-term loans calculator

Long-term loans calculator*

Find out how much you might qualify for.***

Long Term Loan Calculator
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Your Estimated Payment Details**

* This calculator is for general information purposes only. Inaccurate information will produce inaccurate results. Using this calculator does not guarantee you or your business financing.

** Based on the industry average. Actuals may vary. Assumes timely payments on each due date.

*** No downpayment required.

Get the financing to grow, not owe.

You could qualify for up to $10 million in long-term loans*** to achieve your biggest dreams for your business.

Pre-Qualify Now
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Four easy steps to getting a long-term loan

Discover how much you could qualify for with our long-term small business loan calculator. Explore your options without hurting your credit score.

Pre-qualify online

Hit “Get Started” to check if you pre-qualify for for a long-term business loan.

2

Gather the following documents:

  1. Bank statements and financial documents
  2. Government-issued ID
  3. Your business plan

Get approval in as little as 4 hours.

Submit your application and receive approval in as little as 4 hours.

Get fast funding.

Once approved, have your funds in your account quicker than a traditional bank loan.

Get Started
Long-term loan calculator

Everything you need to know about our long-term loans calculator

How to use our long-term loan calculator

Set your loan amount.
Enter the amount you need in the “Loan Amount” field. Use the slider or type it in directly.

Select your repayment term.
Adjust the slider or enter the number to choose your repayment period.

Check your estimated payment.
See your estimated payment based on the loan amount, factor rate, and term length.

Pre-qualify online.
Get your estimate, then pre-qualify online. Our U.S.-based financing team will guide you through the next steps once you provide the required documents.

Terms to know when using our long-term loan calculator

Automatic monthly payments: A feature that allows for automatic deduction of monthly loan payments from your business account.

Approval process: The steps involved in getting your loan application reviewed and approved, typically within 4 hours.

Factor rate: The cost of financing in addition to the amount borrowed represented as a factor rate, detailed in your loan agreement.

Origination fee: A one-time fee for processing the loan, deducted from the loan amount.

Max loan size: The maximum amount of capital you can borrow. 

Pre-qualification: An initial assessment to determine if you meet the basic criteria for a loan.

Repayment term: The period over which you repay the loan.

How these loans work

Only 48% of businesses meet their own financing requirements–many have to turn to loans or other forms of financing to support their business.

One option for financing is a long-term business loan. These loans are designed to help you achieve significant business milestones with manageable repayment terms. 

Whether you’re opening a new location, expanding your team, or launching a new product, these loans provide the capital needed to fuel your growth.

Benefits:

  1. Upfront capital: When approved for a long-term loan, you receive the full loan amount as a lump sum. Invest in your business right away.
  2. Extended repayment period: Repay the loan over a longer period, typically several years. This may result in lower monthly payments.
  3. Lower rates: Long-term loans usually come with lower rates compared to short-term financing options. 
  4. Monthly payments: Monthly payments allow you to better manage your cash flow. 

How long-term loans support your business journey

With a longer repayment period and lower interest rates, long-term loans are a great financial opportunity to build into the future. Here’s how:
  • Strategic growth: Use long-term loans to fund major projects like expanding your facilities, entering new markets, or launching a new product line.
  • Invest in equipment: Are you representing one of the 84% of businesses interested in buying equipment outright? Upgrade or purchase new equipment without the hefty upfront costs.
  • Expand your team: Use the loan to cover recruitment, training, and payroll expenses as your business scales.
  • Enter new markets: Long-term loans provide the capital needed to cover market research, marketing campaigns, and the establishment of new locations.
Long-term loan calculator
Long-term small business loan calculator

Alternatives to long-term loans

Looking for other options than what you’re seeing in our long-term loan calculator? 

Here’s what else we offer**:

  • Business line of credit: Quickly access funds up to your credit limit for immediate necessities. Pay interest only on the amount you use.
  • Equipment financing: Get the capital you need to purchase essential tools and equipment without draining your cash flow.
  • Merchant cash advance: Receive fast funding based on your future sales. Flexible remittances are tied to daily credit and debit card transactions.
  • Working capital loans: Access up to $600,000 to maintain and grow your business with ease. Enjoy low factor rates starting at 1.11, ensuring your business stays on track.

Get in touch with our financing experts.

 

*This calculator is for general information purposes only and assumes a preset factor rate. Inaccurate information will produce inaccurate results. Using this calculator does not guarantee you or your business a small business loan. Terms of actual financing may vary.

**Some products are made available through Credibly’s network of external funding partners.