Loan calculator
Calculate and confirm your loans
What's your desired credit limit?
$26,000Weekly Payment Amount*:
$424.00 Apply NowWe’re currently accepting new customer applications. Applying will not impact your credit score.
Applying will not impact your credit score.1
*This business loan calculator assumes a monthly interest rate of 3.3% and a 2% draw fee. Your interest rate and credit limit may vary based on your application. No draw fee in CO, GA, IN, NJ and OK.
How Our Business Loans Work
Apply in Minutes
Fill out our quick online application in minutes to check eligibility for a line of credit up to $500K. We'll ask for information like your time in business, annual gross revenue and purpose for funds. We take a holistic view of your business and evaluate your application differently than a bank would.
Review & Accept Your Offer
If eligible, you'll receive an instant prequalified offer to review and select your desired repayment term and initial draw amount. Once you've signed the contract, you will be asked to supply three recent months of business bank statements for additional underwriting purposes.
Draw Funds
Once approved, the initial draw amount will be deposited into the business's bank account, and you can draw funds up to your available credit limit right away. Because your funds are revolving, that money becomes available to draw again as you repay your outstanding principal balance. Each time you draw additional funds, you will select a new repayment term, and your entire outstanding balance will be re-amortized so you're only paying interest on funds drawn.
Business Loan Qualifications
Time in Business
You must have been in business for at least four months.
Annual Revenue
Your business must have a revenue of $50,000 or greater.
Business Location
Check our Rates & Terms to see if we serve your state.
Common Questions About Lendwise Capital Business Loans
How will my application be evaluated?
We understand that your credit score isn't necessarily representative of the health of your small business. That's why we take a holistic view of your business, evaluating your application differently than a bank would. We incorporate a variety of factors into our decision model to determine your eligibility and credit limit.
What are the rates and terms?
The interest rate and credit limit you are awarded may vary based on the information provided in your application. Interest does not compound and there is no annual or monthly service fee. You can repay your outstanding balance at any time without incurring any additional fee. Check out our Rates & Terms for all the details.
Merchant Cash Advanced Loan
Business Loans by Industry
Lendwise Capital provides small business loans to a wide variety of businesses. Some of the most common industries we serve include
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