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Man in formal wear, holdinga pen is handling off loan form.

April 2, 2025

ACH Loan: Quick Cash or Costly Mistake? How It Works & Cautionary Tales

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An ACH loan (also known as a cash flow loan) provides you with swift access to short-term financing. It offers fast approval and automated repayments via the Automated Clearing House network. While it presents convenience, frequent payments can strain cash flow. Some businesses use it to
business woman using calculator

February 12, 2025

SBA Loan Calculator: 7(a) Loan Payments & Amortization

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Our SBA loan payment calculator will help you determine what your potential SBA loan payments may look like. It also provides a full amortization schedule that can demonstrate what amount of principal and interest you’ll be expected to pay. SBA 7(a) loan calculator inputs The inputs necessary
Moving Boxes And Furniture In Office.

January 24, 2025

Equipment Lease Calculator: Calculating Your Lease Payment

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By using an equipment lease calculator, you can determine the costs associated with an equipment lease, including the monthly payment amount, buyout cost, and residual value. Our free equipment lease calculator can provide you with all of that information and is designed to also supply
Happy woman hold card for payment at shop. Female using technology for money transfer.

October 22, 2024

Cost of Debt Formula & Calculator: Estimate Your Interest Payments

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Cost of debt is a figure that shows how much you’ll pay for borrowing funds. It can be calculated as either an annual pre-tax percentage or an annual after-tax figure by using your company’s tax rate. The pre-tax figure can be calculated by taking the
Coins vs income on a scale with income weigh more than coins.

August 14, 2024

What Is Debt-to-Income Ratio & How to Calculate It

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Debt-to-income (DTI) ratio is a measure of your monthly debt obligations in relation to your monthly income. It’s calculated by taking the total dollar amount of your monthly debt payments, and then dividing it by your gross monthly income. Lenders often evaluate your DTI ratio to
Two guys checking vault.

July 25, 2024

Current Ratio: What It Is & How It Works [+ Calculator]

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The current ratio, also commonly referred to as the working capital ratio, evaluates whether a company can cover its current liabilities with its current assets. The current ratio formula divides a company’s current assets by its current liabilities. It’s a useful calculation that can be
A calculator, pen and business reports.

July 25, 2024

Fixed Charge Coverage Ratio: What It Is & How to Calculate

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Fixed charge coverage ratio (FCCR) measures a company’s ability to cover its fixed expenses from its earnings. Lenders may evaluate this as one of several factors in determining whether you qualify for a loan, as well as what interest rate and loan terms you qualify
people checking documents on laptop

July 24, 2024

Borrowing Base: What It Is & How to Calculate [+ Calculator]

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Borrowing base is a figure that refers to the largest loan amount you can get from a lender. It applies to secured loans and is calculated by taking the lender’s advance rate (sometimes also referred to as its loan-to-value limit) and multiplying it by the
hand draws a business plan concept

July 18, 2024

How to Write an SBA Business Plan [+Free Template]

Free Template

If you are applying for a loan through the Small Business Administration (SBA), a business plan will likely be a required component of your loan application. Your SBA business plan should provide an overview of your company’s goals and how it plans to achieve them. There
A construction tool, sticky notes and laptop on top of a blueprint.

July 18, 2024

What Is ARV: After Repair Value Formula & How to Calculate

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A property’s after repair value (ARV) is a home’s estimated value after repairs, upgrades, and renovations have been completed. It is typically used by fix-and-flip and fix-and-hold investors to determine if a particular project will be profitable. A lender may also evaluate ARV as part
Business people working together discussing vector image.

July 15, 2024

Quick Ratio: What It Is & How to Calculate It [+ Calculator]

The quick ratio, also known as the acid-test ratio, calculates a company’s ability to cover its current liabilities by means of its current assets. It is a liquidity ratio used by a company’s stakeholders, investors, and lenders and takes a company’s quick assets—which are current
People working on a business reports.

July 9, 2024

Net Working Capital: What It Is & How to Calculate It

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Net working capital (NWC) is used to determine the financial health of a business by calculating the difference between a company’s current assets and current liabilities. You can use NWC to evaluate a company’s financial trends, growth projections, and solvency. You can use our calculator
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