5.0 rating
Balance over time
Modelling realistic cases turns a ‘rate’ into a clear cash-flow plan. Small input changes (term, fees, frequency) can materially change affordability and lifetime cost.
Test weekly, fortnightly and monthly schedules against wages, rent and GST to avoid crunch points.
See how term length and fees affect lifetime cost — not just the headline rate.
Apply a ±1–2% buffer to check resilience if pricing shifts at approval.
If repayments feel tight on an unsecured term loan, try secured, LOC or invoice finance to lower effective cost.
Shortlist viable terms and structures before you invest time gathering documents.
This tool models repayments — it doesn’t approve credit. Lenders in Australia typically weigh these signals when pricing and deciding business finance.
12+ months trading with an ABN (and GST registration where applicable) broadens options; companies and trusts are common, many lenders also support sole traders.
Revenue consistency and healthy gross margins support serviceability at the repayment you model.
Fewer overdrafts, dishonours and end-of-day negatives in the last 90–180 days lifts approval odds.
Clean business and personal credit helps on both limit and price; disclose any blemishes early.
Acceptable collateral (property, vehicles, equipment) and prudent LVR typically sharpen price and extend term.
Up-to-date lodgements and transparent payment plans reduce perceived risk during credit checks.
Focus on total cost and repayment reality, not just the rate. Business lenders use multiple pricing methods; this calculator helps you normalise them for fair comparison.
Fixed gives certainty; variable can move with market changes. Model both if you’re rate-sensitive.
Some providers quote a factor (e.g., 1.20×). Ask for the annualised equivalent so you can compare like-for-like here.
Lines of credit/overdrafts charge interest on utilised balance plus a line/annual fee. Approximate by modelling your expected average balance.
Include establishment, monthly/annual service, direct-debit and any brokerage/lender fees — small fees move total cost more than tiny rate changes.
Some contracts rebate interest; others charge break/exit fees. Check terms before planning an early payoff.
Not always supplied for business credit; replicate the concept here by adding all known fees to your scenario.
Pick the closest structure to your offer, then use the outputs to judge affordability and total cost.
Lower rates and longer terms (24–84 months) using property, vehicles or equipment as security. Model as amortising term loan.
Fast access without asset security; usually higher rates and shorter terms (6–36 months). Model as amortising term loan.
Revolving limit; interest on the balance you actually use, plus line/annual fees. Approximate using your expected average utilisation.
Overdraw your transaction account up to an approved limit; interest on utilised amount plus fees. Approximate by modelling your average drawn balance.
Asset-backed funding aligned to the asset’s life (balloon optional). Model as amortising term loan; balloon can be modelled at quote time.
Not a loan; advance against receivables with fees/discount rates. Use when cash-flow gaps are invoice-driven.
Advance repaid from card takings using a factor rate. Annualise factor to compare; treat calculator output as directional only.
Use the calculator to shortlist viable terms/structures, then move to quotes when the model fits your budget.
Amount, annualised rate (or best estimate), term and all known fees. Toggle frequency to mirror your cash cycle.
Try shorter vs longer terms and a higher rate buffer to confirm resilience.
Lay repayments alongside payroll, rent, BAS/GST and seasonality. If tight, consider secured, LOC or invoice finance.
We benchmark 50+ Australian lenders and return suitable offers with transparent pricing and terms.
Clean, recent data helps lenders assess quickly and can improve pricing.
Driver licence and secondary ID for directors/owners; company/trust documents where relevant.
3–6 months business statements (CSV/PDF or secure bank feed) to evidence inflows and conduct.
Recent BAS; P&L and balance sheet if requested; management accounts for current trading.
Up-to-date lodgements; disclose any payment plans early to avoid delays.
Asset invoice/specs/VIN or property details; clear title supports smoother approval.
Brief notes on use of funds and expected ROI/cash-flow impact help underwriters.
The right structure beats chasing tiny rate differences. These tactics often move the needle more.
Don’t outlive the asset or over-compress repayments — both hurt cash flow.
Borrow what you need based on a conservative forecast; improves approval and trims interest.
If an unsecured term loan strains cash, a secured loan or LOC may reduce effective cost.
Establishment, line and monthly fees add up. Include them in every scenario.
Minimise overdrafts and dishonours in the 60–90 days before application.
It models with an annualised APR-style rate. If you’ve been quoted a factor (e.g., 1.20×), ask for the annualised equivalent to compare fairly.
Yes — approximate by entering your expected average utilised balance and annualised rate, plus any line fees as ‘fees’.
No. Results are indicative only. Actual pricing depends on turnover, time trading, bank conduct, credit and contract terms.
This tool models standard amortisation. We’ll model balloons/residuals precisely when we prepare quotes.
They’re not always provided. Replicate the concept here by adding all known fees so you’re comparing total cost, not just the rate.