Note: The results from this business loan calculator should be used as an indication only. The calculator provides us with a snapshot of the amount that as a customer you can service. This calculator is based solely on the information provided and as such the results should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Calculator © InfoChoice 2013.
What is a borrowing capacity calculator (also know as business loan calculator)?
The borrowing calculator provides an indication on the amount of lending that your business can potentially access, based on some key details that you input.
While the calculator will give you a good indication of your borrowing potential, we can only capture limited information. A full assessment may provide a higher or lower amount.
Why are there two different factors that determine how much I can borrow?
Circumstances vary from customer to customer, however, the two factors we use in this calculator are:
1. Debt serviceability – this is the value of loan repayments that you would be able to afford based on the income and expenses you have provided
2. Security valuation – Most business lending requires some form of security. By understanding the estimated value of the assets you have available, we can provide a better estimate of your borrowing potential.
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