Business Loan Eligibility Calculator — Calculate Your Loan Qualification

Business Loan Eligibility Calculator

Check your business loan eligibility with our comprehensive calculator. Estimate loan amount, interest rates, monthly payments, and qualification criteria.

Step 1: Business Details

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Understanding Business Eligibility

Lenders typically consider annual revenue, time in business, industry risk, and credit score when evaluating loan applications. Established businesses with steady revenue have higher eligibility.

Step 2: Loan Details

About Loan Eligibility

Loan eligibility depends on your debt-to-income ratio, creditworthiness, and business financials. Most lenders require a minimum credit score of 600 and at least 1-2 years in business.

Loan Eligibility Results

Summary
Lender Comparison
Payment Breakdown

Loan Eligibility Status

Eligible
Based on your business financials, you are likely eligible for a loan
Approved Loan Amount
$45,000
Interest Rate
8.5%
Monthly Payment
$1,420
Total Repayment
$51,120

Lender Comparison

Lender Type Interest Rate Max Loan Amount Approval Time Eligibility

Payment Breakdown

Loan Eligibility Formula

Eligibility Score = (Annual Revenue × Revenue Factor) ÷ (Existing Debt × Debt Factor) × Credit Score Factor

Lenders calculate eligibility based on multiple factors including revenue, debt-to-income ratio, credit score, and time in business. Higher revenue, lower debt, and better credit increase your chances of approval.

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