Tools
Business loan repayment calculator
Estimate your monthly and weekly repayments for an Australian business loan. Adjust the sliders to match your loan requirements.
Repayment estimator
What will my loan cost?
Indicative only. Rate ranges reflect the published range across our partner’s lender panel and are not an offer. Actual rates depend on the lender, the asset, and your business profile.
Current rates
Strong profile (2+ yrs, $500,000+ revenue)
9.5% – 14% p.a.
Average profile (1–2 yrs, $150,000+ revenue)
14% – 20% p.a.
Newer business (6–12 months)
20% – 28% p.a.
Indicative ranges. May 2026.
See RBA-sourced average rates, updated monthly →Get your actual rate
Apply in two minutes to receive actual rate offers from lenders in our network.
Apply now — it is freeEquipment and vehicles
Asset finance calculator, with a balloon payment
A balloon (residual) lowers the regular repayment by leaving a lump sum to pay at the end. It suits assets that hold their value, such as trucks and earthmoving gear, but you pay interest on that amount for the whole term. Pick an example or set your own figures. Example rates are for illustration only.
Repayment estimator
What will my asset finance cost?
Indicative only. Rate ranges reflect the published range across our partner’s lender panel and are not an offer. Actual rates depend on the lender, the asset, and your business profile.
See truck finance, excavator finance and how a chattel mortgage compares with a lease.
Understanding rates
How business loan rates work in Australia
Australian non-bank business loan rates are quoted as either an annual percentage rate (APR) or a factor rate. APR is the most common and works like a standard interest rate — the percentage you pay on the outstanding balance per year.
Factor rates — sometimes used for merchant cash advances and short-term products — are expressed as a multiplier (e.g. 1.25) applied to the total loan amount. A $50,000 loan at a 1.25 factor rate means you repay $62,500 total regardless of when you repay it.
The difference is large. A $100,000 loan at a 1.2 factor over 12 months with weekly repayments costs $20,000, which works out at about 37% a year once you allow for repaying as you go. The same loan at 30% p.a. with monthly repayments costs about $17,000. Always ask for the total repayment amount and the equivalent annual rate; our unsecured business loans guide shows what lenders publish.
What affects your rate
Trading history
Longer trading history signals stability. 2+ year businesses typically access the lowest rates.
Annual revenue
Higher revenue relative to loan amount reduces lender risk and improves your rate.
Credit history
Clean credit — both business and personal — will secure better rates. Impairments increase the cost of borrowing.
Loan amount and term
Smaller loans relative to your revenue, and shorter terms, typically attract better rates.
Industry
Some industries are assessed as higher risk (hospitality, retail) and may attract slightly higher rates than lower-risk sectors.
FAQ
Calculator questions
How accurate is the calculator?
The calculator uses standard amortisation formulas and provides indicative estimates. Actual repayments will depend on the specific lender, your approved rate, and any fees. Use it as a planning tool, not a confirmed quote.
What interest rate should I enter?
Use the rate range table on the right to estimate based on your business profile. If you have received a quote from a lender, enter that rate for an accurate repayment estimate.
Are business loan repayments tax deductible?
The interest component of business loan repayments is generally tax deductible as a business expense. The principal repayment is not. Speak with your accountant for advice specific to your situation.
What is a business loan factor rate?
A factor rate is an alternative pricing method used by some lenders. Instead of an interest rate, a multiplier is applied to the loan amount. A $50,000 loan at factor rate 1.25 means total repayment of $62,500.