Our Small Business Administration (SBA) loan calculator is designed for SBA 7(a) and SBA Express Loans. Upon inputting the loan term, desired loan amount, expected interest rate, and annual net operating income, the calculator will generate an estimated monthly payment and a projected amortization schedule. SBA Loan Payment Calculator Inputs When using our SBA loan…
Real estate investors use the capitalization rate, or cap rate, to determine whether a potential investment property shows enough potential return on investment (ROI) to make it a worthwhile purchase. It’s based on annual returns, so if a property performed well or poorly for one year, this would be reflected in its calculation. The cap…
A merchant cash advance (MCA) is a lump-sum payment received in exchange for a fixed percentage of daily credit card receipts. It’s an expensive form of credit and should only be used by businesses that cannot qualify for other types of business funding. In addition, the costs associated with MCAs can be confusing and aren’t…
Dimensional weight—also called DIM weight—is a formula shipping companies use to determine shipping rates based on a parcel’s volume. It can result in large, lightweight parcels costing more to ship than small, heavy parcels. Use the calculator below to determine the DIM weight of any parcel by entering the outside dimensions of the package. For…
Check out our free overtime calculator, plus everything you need to know about who is eligible for overtime and what laws impact overtime payments.
When learning how to calculate overtime for your employees, you have to take into account exceptions and considerations such as federal and state overtime pay laws. Since there is no limit on the number of hours employees who are 16 or older can work in a workweek, you must determine whether you have to pay…
Gross margin and price markup are two of the most important metrics for measuring your profit in retail. Your gross margin refers to your business’s net revenue minus the cost of goods sold. Whereas your price markup is the difference between the selling cost and wholesale or production cost of your merchandise. Our calculators will…
Retroactive pay (retro pay) is a payment made to an employee to make up the difference between what was paid and what should’ve been. It can occur when salary is increased in the middle of the pay cycle or a bonus was earned in the prior pay period. You can use our simple calculator below…
Time card calculators can be a great tool to help small business owners manage their employees’ hours. Our calculator will allow you to manually enter when your employees clock in and out each day, in addition to the total amount of breaks taken, to calculate the total hours they worked in a given week. It…
