Free Tools & Calculators

Run the numbers before you talk to a lender. All tools are free — no sign-up required.

Diagnostic Quiz

Business Loan Eligibility Quiz

Answer 4 questions and get matched to your lending tier — from SBA banks down to asset-based lenders. Quizzes like this catch problems a simple calculator misses.

  • Identifies your lending tier instantly
  • Shows which products you qualify for
  • Includes optimization tips if you fall short

Which Lenders Will Fund You?

Answer 4 quick questions and we'll place your profile into the right lending tier — from SBA banks down to alternative financing.

4 questions · 60 seconds · No sign-up required

Calculator

DSCR Audit Tool

Debt Service Coverage Ratio is the #1 metric lenders look at. Audit your DSCR with non-recurring kickouts and proposed new debt to see exactly where you stand.

  • Instant DSCR with adjustments
  • Non-recurring income kickouts (G/L on asset sale, etc.)
  • Additional proposed debt service
  • Color-coded lender thresholds

DSCR Calculator

Debt Service Coverage Ratio — lenders typically require 1.20–1.35x

$120,000

e.g. G/L on asset sale, insurance proceeds, PPP forgiveness

$0

Debt Service

$90,000

New loan payments being underwritten

$0
Your DSCR1.33x

Acceptable

Most commercial lenders require a minimum DSCR of 1.20x. SBA loans often require 1.25x or higher.

For informational purposes only. Lender requirements vary.

Calculator

Fixed Charge Coverage Ratio

Calculate your ability to cover all fixed financial obligations — including debt service, lease payments, and proposed new debt — from your operating income.

  • FCCR ratio with non-recurring kickouts
  • Proposed additional debt service
  • Lender threshold comparison
  • Industry-standard benchmarks
$200,000

e.g. G/L on asset sale, insurance proceeds, PPP forgiveness

$0

Fixed Charges

$80,000

New loan payments being underwritten

$0
$30,000
FCCR1.82x
StatusExcellent

Most lenders require FCCR ≥ 1.20x. Strong borrowers show 1.40x+.

Estimates only. Lender definitions of EBITDA and fixed charges vary.

Calculator

Equipment Lease vs. Buy Calculator

Compare the true after-tax cost of leasing vs. financing equipment. Includes Section 179 deduction modeling so you can see the real numbers, not just the payment.

  • Side-by-side net cost comparison
  • Section 179 tax deduction savings
  • Adjustable tax bracket
  • Lease residual / buyout support

Equipment Lease vs. Buy

Compare true after-tax cost including Section 179 deductions

$75,000
$5K$500K

Loan (Buy)

7.5%
5 yrs

Lease

$1,400
60 mo
$0
Buy

Monthly payment

$1,503/mo

Total paid$90,171
Section 179 savings$15,750
Net cost$74,421
LeaseBest Value

Monthly payment

$1,400/mo

Total paid$84,000
Tax deduction savings$17,640
Net cost$66,360
Leasing saves you $8,061 after tax

Section 179 deduction assumes full equipment cost is deducted in year 1 (2024 limit: $1,160,000) and you have sufficient taxable income. Consult a tax professional for your specific situation.

Checklist

Business Loan Application Checklist 2026

A complete list of every document needed for a $100K+ commercial loan. Check items off as you gather them and print when you're ready to apply.

Lender-Ready Document Checklist

For business loan applications of $100,000 or more — 2026

0 of 24 items gathered0%

Business Financial Documents

Personal Financial Documents

Business & Legal Documents

Loan-Specific Documents

Owner / Principal Documents

Requirements vary by lender and loan type. SBA loans and larger requests may require additional documentation. This checklist covers standard requirements for most commercial term loans.

Template

Business Debt Schedule Template

Lenders require a debt schedule with every application. Build yours here, see total annual debt service, and export to CSV — ready to attach to your loan package.

Business Debt Schedule

List all existing business debts — lenders require this with every loan package

Creditor / LenderTypeBalanceMo. PaymentRate %MaturityCollateral
TotalsAnnual

Your data stays in this browser — nothing is sent or saved.

Calculator

Loan Payment Calculator

Estimate your monthly payment based on loan amount, interest rate, and term length. Understand your total interest cost before you commit.

  • Monthly payment estimates
  • Total interest calculation
  • Adjustable term length

Loan Payment Calculator

$100,000
$5K$5M
7.5%
2%30%
5 years
1 yr25 yrs
Monthly Payment$2,004
Total Paid$120,228
Total Interest$20,228

Estimates only. Actual rates and payments vary by lender, creditworthiness, and loan structure.

Calculator

Line of Credit Payoff Calculator

See how long it will take to pay off your line of credit and how much interest you'll pay based on your monthly payment amount.

  • Payoff timeline estimate
  • Total interest paid
  • Adjust payment to find your target date
$50,000
$1K$500K
12.0%
3%36%
$2,000
$100$20K
Payoff Timeline2y 5m
Total Interest Paid$8,000
Total Paid$58,000

Estimates only. Assumes no additional draws.

Calculator

Balloon Payment Calculator

Calculate payments for loans with a large final balloon payment. Common in commercial real estate and short-term business financing.

  • Lower monthly payment estimate
  • Balloon amount at maturity
  • Adjustable amortization vs. balloon term
$250,000
$10K$5M
7.50%
2%20%
25 yr
530
5 yr
124
Monthly Payment$1,847
Balloon Payment (yr 5)$229,331
Total Paid$340,180

Estimates only. Actual terms set by lender.

Calculator

Working Capital Calculator

Determine how much working capital your business has and whether lenders will see your liquidity position as strong.

  • Working capital amount
  • Current ratio analysis
  • Liquidity status vs. lender thresholds
$150,000
$80,000
$50,000
$40,000
Working Capital$70,000
Current Ratio1.88x
Liquidity StatusHealthy

Most lenders look for a current ratio ≥ 1.20x.

What is a good DSCR?

Most lenders require a minimum DSCR of 1.20x. A DSCR of 1.35x or higher puts you in a strong position for approval and better rates.

What is a good FCCR?

Fixed Charge Coverage Ratio measures your ability to cover all fixed obligations. Most lenders want ≥ 1.20x; strong borrowers often show 1.40x+.

What affects my interest rate?

Business credit score, personal credit, time in business, annual revenue, industry risk, and the loan product type all influence the rate you're offered.