Payment Loan Calculator
SpringFi empowers businesses through competitive borrowing options and full transparency. You can use our payment calculator tool to build a clear understanding of how much your business will pay each cycle when borrowing through SpringFi.
The short-term business loan calculator is easy to use — establish the credit limit you desire using the horizontal slider. Then, select the repayment term and schedule you prefer. The Loan Calculator will provide an estimate of how much you can expect to pay during your daily or weekly payment schedule.
Payment Calculator
What You Need to Apply
Our official application is easy to complete. We streamline the application process through minimal documentation requirements. Through our application process, you will submit a one-page form and your company’s bank statements for the previous four months.
The final terms for your loan may vary based on our underwriting scoring model. Please contact SpringFi for more information on our loan parameters and decision-making process.
Accurate Payment Calculation for Short-Term Business Loans
The SpringFi online estimate generator is an accurate daily or weekly payment calculator for cash advances and other small business funding options. Use our calculator to build your budget for various types of loans that apply across different industries.
Types of Business Funding Options
SpringFi makes it as simple as possible for businesses to receive various types of funding. Our small business funding options include:
Financing Across Multiple Industries
Our business funding options are available to small businesses nationwide. We tailor our services to 30 of the nation’s leading industries, including accounting firms, construction companies, retailers, medical practices and many more. We encourage you to learn more about the businesses we serve to understand how we can have a positive impact on your company.
Estimate How Much Alternative Business Financing You Qualify For
We use a detailed underwriting scoring model to provide competitive borrowing options for businesses like yours. Our decision makers consider the following factors when determining how much you can borrow and approving repayment terms:
- Business start date: We fund businesses with at least 12 months of operation.
- Annual revenue: Funding is available to businesses that earn at least $250,000 in a year.
- Amount seeking: Your desired credit limit influences how much we can provide.
- Estimated credit score: We fund businesses in diverse credit circumstances, so submit an application to see how much you qualify for.
- Estimated payment: We consider your daily or weekly repayment budget to determine a complementary funding option.
- Preferred banks: We work with national banks and credit unions.
Apply for Fast Funding
With our user-friendly daily or weekly payment calculator for fast business loans, you can form a strong plan for utilizing and repaying the capital you receive. We can provide funding in 24-48 hours, so submit an application online today!
Our team is also available to discuss our offerings. Contact us online for answers to questions about our payment calculator, business funding products or qualification requirements.
What Makes Us Different?
Transparency
When it comes to securing financing for your business, you should never be left in the dark. Whether it’s a fee, terms, or the status of your application, SpringFi is committed to keeping you informed at all times.
Honesty
As a relationship and referral-driven business, we wholeheartedly believe honesty is the best policy. We know you business owners have options to choose from when seeking funding, so we never compromise on being honest with those we serve.
Diligence
We firmly believe in leaving no stone unturned when helping small businesses receive funding. Whether that means working with you directly or, in the event we can’t help, working to find someone who can.