To
calculate what your monthly payment
(Debt Service) would be on your franchise loan, and
to properly help determine operating cash flow and business
projections, simply plug in the loan size, term (number
of years) and interest rate.
* Most start-up franchise loans are SBA (Small Business
Administration). We also offer non-SBA loan programs.
Terms are negotiable only for “stronger”
borrowers.
• note – currently the interest rate is 6% (2¾ over prime rate variable). Terms are usually 10 years on leased space and up to 25 years if Commercial Real Estate is included in the loan. Also, the minimum loan size is $100,000.
The results of this
loan payment calculator are for estimation purposes only.
The result will be a close approximation of actual loan repayments, if
available,
at the terms entered from a financial institution.
Figures can be adjusted to preferred amounts.
Enter only numeric
values (no commas), using decimal points where needed.
Non-numeric values will cause errors.
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