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Ir a la versión en español
Call Now: (844) 501-8662
Credibly Logo
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Get Started

Working capital loan calculator

Working capital loan calculator​

Estimate how much you’ll pay weekly.*


$


3 mo 18 mo


$

Finance your business–from everyday costs to new opportunities.

Don’t miss a business opportunity. Qualify for up to $600,000 in financing.

Pre-Qualify Now

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

Trustpilot

Four simple steps to financing

Get started on financing with your working capital loan calculation. Then, explore your financial options—you won’t hurt your credit score.

Pre-qualify online

Click “Get Started” to see if you pre-qualify for your working capital loan.

2

Gather your documents

Have your bank statements and a government-issued ID ready to go.

Get approval in as little as 4 hours.

Submit your application, and get approved in as little as 4 hours.

Get same-day funding.

Once approved, receive your funds in your account by the end of the same business day.

 
Get Started
Working capital loan calculator

Here’s what you should keep in mind
for our SMB working capital loan calculator

How to use our working capital loan calculator

Enter the amount
Input the amount you need in the “Loan Amount” field. 

Set your term length
Choose how long you want to repay the loan by adjusting the term length in months. Use the slider or enter the number of months directly.

Check your estimated payment
The calculator will display your estimated weekly payment based on the loan amount, a preset factor rate and term length**.

Once you get your offer, get advice from our financing experts.
Our 100% US-based financing experts are here to give you guidance on next steps.

Working capital loan calculator terms

Amount: This is the total you’re looking to borrow from your lender.

Daily repayments:  Small payments made each day until the loan is fully repaid.

Factor rate: This is a decimal representing the percentage of the loan amount you must repay.
For instance, a $40,000 loan with a factor rate of 1.11 means you’ll repay $44,400 in total.

Term length: This is the specified period over which you will repay the loan. It defines how long you have to complete the repayment.

Weekly repayments: Instead of daily, make payments every week.

This option can help manage cash flow more effectively, especially when dealing with other regular expenses like payroll.

Secured vs. unsecured loans

When you’re looking at working capital loan options, you should keep in mind the differences between secured vs. unsecured loans.

Secured loans

With a secured loan, you need to offer an asset as collateral. This asset acts as a safety net for the lender, who can sell it if you don’t repay the loan.

Secured loans offer:

  • Lower interest rates or factor rates
  • Higher loan amounts
  • Flexibility with collateral (meaning they will accept more options for collateral)

Unsecured loans

In contrast, unsecured business loans do not require any collateral. You can get credit based on your business’s creditworthiness and financial history.

Unsecured loans have higher interest rates and lower borrowing limits.

How a working capital loan can support your business

Here are just a few of the ways a working capital loan can support your business’s day-to-day operations:

  • Improve cash flow: Cover costs like payroll, utilities, and rent when your business revenue fluctuates.
  • Buy inventory: Up to 35% of your budget can be taken up by inventory. Take advantage of bulk purchasing discounts or special offers by using the loan to stock up on inventory.
  • Upgrade equipment: Invest in new or upgraded equipment to enhance your business operations.

Alternatives to working capital loans

Taken a look at the numbers in our working capital loan interest rate calculator and want to consider other financing options? 

Here’s what we offer***.

Business line of credit: Flexible financing that lets you draw funds as needed and only pay interest on what you use.

Equipment financing: Spread the cost over time and boost your business efficiency with the latest technology.

Merchant cash advance: Quick access to funds based on your future sales. This is ideal for businesses with fluctuating revenues.

Long-term business loans: Designed for substantial growth projects, these loans provide larger amounts with extended repayment terms

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.

**Actual terms may vary.

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