A business loan is an amount of money borrowed by a business for business purposes. Business loans require a personal guaranty by the principal(s) and are repaid through regularly scheduled payments to Credibly until repaid in full.
The terms reflected in our business loan calculator are hypothetical and for informational purposes only, and do not constitute an offer or commitment. This business loan calculator generates a rough estimate of the terms for which your business may be eligible based solely on the information you submit. All applications are subject to underwriting guidelines and approval. The actual repayment will be based on the terms offered, such as the amount, the term, and rate. Fees may also apply. The figures and formulas used within this calculator may change at any time without notice.
This pre-qualification form is a self-assessment tool to determine whether your business may be qualified for the loan application process and is not an application for, nor a guarantee of credit. A completed loan application must be provided for underwriting review before a loan decision can be made.
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