Business Line of Credit Calculator
A line of credit only costs you for what you actually draw. See what carrying a draw costs per month.
Interest-only, which is how a line is normally used: you draw, carry the balance, and repay the principal when the money comes in. Pay it back sooner and you pay less — there is nothing to refinance.
Estimates only. Actual rates, terms and payments are set by the lender and depend on your business, your credit and the product. Nothing here is an offer of credit or financial advice.
How this calculator works
You pay interest only on the amount you draw and only for as long as it is outstanding. The calculator applies the APR to your draw for the months you expect to carry it.
Paying a draw down sooner cuts the cost, and anything you repay becomes available to draw again.
Worked example
Carrying a $50,000 draw at 12% APR costs about $500 a month in interest while the full amount is outstanding.
Estimates only. Actual offers depend on the lender, your business and the final terms.
Flexible, revolving cash you can draw on anytime — pay only for what you use.
$10,000 – $750,000 · 3 – 5 business days
See what you qualify for
One application, a soft credit check, and real offers ranked by total cost — in minutes.
No obligation · Checking your options won't affect your credit score.