Commercial Loan Repayment Calculators
An important factor when taking a business loan will be how much the repayments are. Merchant Cash understands it is important that your business can afford the loan repayments, which is why we will help your business get the most appropriate loan for your needs.
- Is security is required: This will depend the particular circumstances of your business, and the amount and term of your loan. A secured loan will have a lower rate of interest, while an unsecured loan will have a higher rate of interest.
- The length of the loan: A one year loan will have a higher monthly repayment than a five year loan, however over the life of the loan you will repay a lower total amount of interest.
- Timing of repayments: Merchant Cash can assist your business loan repayments to perfectly match your business cashflow. If your customers are other businesses, Invoice discounting will allow you to do this.
- Your interest rate: Your interest rate will be determined by your business circumstances, amount and length of your loan, and whether your loan is secured or unsecured.