Business Loan Calculator

Business loans help entrepreneurs fund their operations, expansion, or equipment purchases. Our calculator evaluates your business's financial health and determines loan eligibility based on debt service coverage ratio.

The calculator considers your business revenue, expenses, and existing debt obligations to assess your ability to service additional debt and provides eligibility recommendations.

Business Loan Types:

• Term Loans: Fixed amount for specific business needs
• Working Capital: Short-term funding for operations
• Equipment Finance: Loans for machinery and equipment
• Trade Finance: Import/export financing

Debt Service Coverage Ratio (DSCR):

• Formula: Net Operating Income ÷ Total Debt Service
• Excellent: DSCR ≥ 1.5 (Strong repayment capacity)
• Good: DSCR 1.25-1.5 (Adequate repayment capacity)
• Fair: DSCR 1.0-1.25 (Marginal repayment capacity)
• Poor: DSCR < 1.0 (Insufficient repayment capacity)

Business Loan Eligibility:

• Business Vintage: Minimum 2-3 years of operations
• Annual Turnover: Minimum ₹40 lakh for most lenders
• Profitability: Consistent profits for 2-3 years
• Credit Score: Business and personal credit history
• Financial Statements: Audited financials required

Interest Rates by Business Type:

• Manufacturing: 10-14% (lower risk, asset-backed)
• Trading: 12-16% (moderate risk, inventory-based)
• Services: 14-18% (higher risk, no physical assets)
• Retail: 12-15% (moderate risk, location-dependent)

Features:

• Calculate business loan EMI and total cost
• DSCR-based eligibility assessment
• Business type-specific analysis
• Visual outstanding balance tracking
• Financial health evaluation