Unsecured Business Loan Repayment Calculator
Estimate repayments for unsecured business loans in Australia and understand the real cash-flow impact before you apply. Model different loan amounts, terms and pricing types (APR vs factor rate), then decide if unsecured finance is the right tool for your ABN — whether you’re a sole trader, company or trust.
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Calculate Unsecured Loan Repayments
Enter your loan amount, annualised interest rate, term (commonly 6–36 months) and any fees to see weekly, fortnightly or monthly repayments. The calculator uses standard amortisation (principal + interest) and includes any fees you add for a clearer total cost. Some lenders quote factor rates or daily pricing — use our guidance below to annualise those for an apples-to-apples comparison. Results are indicative only and not a quote.
Balance over time
Monthly repayment schedule
Why use this unsecured loan calculator?
Unsecured facilities prioritise speed and flexibility by not requiring asset security, but they can carry higher costs and shorter terms. This calculator lets Australian SMEs pressure-test affordability, compare scenarios across terms and pricing models, and check whether unsecured still stacks up against alternatives like invoice finance or a secured facility. Use it to sanity-check repayments against your cash cycle before requesting quotes from lenders.
What your scenarios reveal
Modelling a few realistic cases helps you choose a structure that supports growth rather than straining cash flow. Small input changes can materially change the outcome.
Repayment pressure
See how shorter terms lift each repayment and whether that’s workable alongside wages, rent and GST obligations.
Total cost visibility
Quantify the lifetime cost (interest + fees) so you’re not anchoring on the rate alone.
Cash-cycle alignment
Switch between weekly, fortnightly and monthly to mirror takings and seasonality.
Rate sensitivity
Test ±1–2% on the rate to understand buffers if pricing shifts at approval.
Go / no-go signals
If repayments crowd out working capital, consider secured or invoice finance to lower effective cost.
Eligibility context (to read results sensibly)
This tool doesn’t approve you — it helps you model responsibly. Lenders will weigh up the following when pricing or deciding an unsecured facility in Australia.
Time trading & structure
More than 12 months trading with an ABN (and GST registration where applicable) broadens options; companies and trusts are common, but many lenders also support sole traders.
Turnover & margins
Demonstrated revenue and healthy gross margins support serviceability at the repayment level you model.
Bank conduct
Fewer overdrafts, dishonours and end-of-day negatives over the last 90–180 days improve approval odds.
Credit profile
Clean personal and business credit files help on both limit and price; disclose any defaults or payment arrangements upfront.
ATO status
Up-to-date lodgements and transparent payment plans reduce perceived risk.
Personal guarantee
Many unsecured lenders still require a director’s guarantee even without asset security.
Assumptions, factor rates and fees (read before you compare)
Unsecured lenders use different pricing models. For fair comparisons, focus on total cost and repayment reality — not just the headline rate.
APR vs factor rate
Some fintechs quote a factor (e.g. 1.20×) instead of an annual percentage rate. Ask for the APR or an annualised equivalent so you can model like-for-like in this calculator.
Amortisation model
This tool assumes principal-and-interest amortisation. Merchant cash advances and some daily debit products behave differently — treat those results as directional only.
Fees matter
Include establishment, direct-debit, monthly service and any broker/lender fees. Fees can shift the total cost more than a tiny rate change.
Early payout rules
Some contracts rebate interest if you repay early; others charge a fixed fee or a % of remaining interest. Check the term sheet carefully.
Comparison rates in business lending
Unlike consumer loans, comparison rates aren’t always provided for business credit. Replicate the idea yourself by modelling all known fees here.
Repayment frequency
Weekly or fortnightly debits can better match takings and may trim total interest vs. monthly — test it here.
What you can model here (and how to interpret it)
Pick the closest structure to the offer you’re considering, then use the outputs to decide if the cash-flow trade-off is acceptable.
Unsecured term loan
Repay over 6–36 months with fixed instalments. Good for set-piece needs like stock, marketing or short-term expansion.
Business line of credit
Revolving limit with interest only on what you draw. Approximate here by modelling an amount and your typical utilisation.
Merchant cash advance
Repaid from card takings using a factor rate. Use this calculator to annualise that factor for rough comparison only.
Invoice finance
Not a loan but a common substitute for unsecured working capital. Consider if your cash-flow gap is invoice-driven.
From estimate to offer in four practical steps
Use the calculator to shortlist viable structures, then move to quotes when the modelled repayments fit your budget.
1) Add your details
Amount, annualised rate (or your best estimate), term and all known fees. Toggle frequency to mirror your cash cycle.
2) Stress-test scenarios
Try a shorter term and a higher rate to check resilience. If it still fits, you’re closer to a safe choice.
3) Reality-check serviceability
Lay the repayment alongside payroll, rent, BAS/GST and seasonality. If it pinches, consider a cheaper structure.
4) Request quotes
We benchmark 50+ Australian lenders and return suitable offers fast, with transparent pricing and terms.
Documents that speed up approval
Supplying clean, recent data helps lenders assess risk quickly and can improve pricing.
Identification
Driver licence and secondary ID for all directors/owners; trust/company docs where relevant.
Bank statements
3–6 months business statements (CSV/PDF or secure bank feed) to evidence inflows and conduct.
BAS & financials
Recent BAS, P&L and balance sheet if requested, plus any management accounts for current trading.
ATO portal status
Up-to-date lodgements; disclose any payment plans to avoid surprises at credit check.
Trading evidence
Recent invoices, contracts or POS reports for industries where this supports the story.
Purpose notes
A short explanation of how funds will support growth or smooth cash flow can help underwriters.
Pro tips to lower cost and lift approval odds
Unsecured can be the right tool — used precisely. These tactics often move the needle more than chasing an extra 0.2% headline rate.
Right-size the facility
Borrow only what you need based on a conservative forecast; it improves approval and keeps interest down.
Trim the term (if you can)
Shorter terms lift each repayment but cut total cost materially when cash flow allows.
Clean up bank conduct
In the 60–90 days before application, avoid overdrafts and dishonours — it signals control.
Compare 3–5 lenders
Policies, fees and factor/interest methods vary widely. Use our panel to benchmark properly.
Read early-payout clauses
Understand whether interest is rebated or fixed, and whether any exit fee applies.
Unsecured calculator FAQs
Does this calculator use APR or factor rates?
We model with an annualised APR-style rate. If your offer is quoted as a factor (e.g. 1.20×), ask the lender for the annualised equivalent so you can compare fairly.
Are these results a formal offer?
No. Figures are indicative only. Actual pricing depends on turnover, time trading, bank conduct, credit and contract terms.
Can I model daily repayments?
The tool shows weekly, fortnightly and monthly frequencies. For daily debit products, we’ll convert your offer and share a custom schedule when quoting.
Will a personal guarantee be required?
Often yes, even though the loan is ‘unsecured’. A director’s guarantee is a common condition of approval.
Do comparison rates apply to business loans?
They’re not always provided for business credit. Replicate the concept here by adding known fees so you’re comparing total cost, not just the rate.