Calculate your monthly repayments, total interest, and view a full amortisation schedule for your business loan.
Note: This calculator provides estimates based on standard amortisation. Actual loan terms may vary based on lender, credit score, and business circumstances.
Loan Details
Loan Summary
Monthly Payment
£0
Total Interest
£0
Total Repayment
£0
Annual Cost
£0
Loan Amount
£0
Interest Rate (APR)
0%
Loan Term
0 years (0 months)
Monthly Payment
£0
Total Interest Paid
£0
Total Amount Repaid
£0
Principal vs Interest Over Time
Amortisation Schedule
Period
Payment
Principal
Interest
Balance
About Business Loans
Types of Business Loans in the UK
Term Loans: Fixed amount borrowed and repaid over a set period with interest
Start Up Loans: Government-backed loans for new businesses (up to £25,000 per founder)
Asset Finance: Loans secured against business equipment or vehicles
Invoice Finance: Borrow against unpaid invoices
Merchant Cash Advance: Repaid as a percentage of card sales
Current UK Business Loan Rates (Typical)
Bank loans: 6-15% APR
Start Up Loans: 6% fixed
Alternative lenders: 8-30% APR
Peer-to-peer: 5-15% APR
Factors Affecting Your Rate
Business trading history
Personal and business credit scores
Annual turnover and profitability
Loan amount and term
Security/collateral offered
Industry sector risk
Tips
Before Applying
Check your business credit score
Prepare financial statements
Create a clear business plan
Compare multiple lenders
Understand total cost, not just APR
Reducing Your Rate
Offer security/collateral
Improve credit history
Show consistent revenue
Consider shorter terms
Use a broker to compare
UK Lending Sources
Start Up Loans: startuploans.co.uk
British Business Bank: british-business-bank.co.uk
High Street Banks: Barclays, Lloyds, NatWest, HSBC
Alternative Lenders: Funding Circle, iwoca, Capify