This calculator is made to help you plan — fast and without friction.

Here’s how to use it

1. Enter your equipment cost

This could be a quote, auction estimate, or the retail price.

2. Choose your loan term

Most businesses select between 24 and 60 months.

3. Add an interest rate

If you're not sure, try 8–10% as a general range for small business loans.

4. Click calculate

You’ll instantly see

• Your estimated monthly payment
• The total repayment over time
• How longer or shorter terms affect your payment

You can change any value and recalculate as many times as needed.

Want to see how the numbers work out in real scenarios?Here are a few example cases to help you compare different loan setups

Example 1 – Startup Loader Lease

• Price: $30,000
• Term: 48 months
• Rate: 9%Estimated Monthly Payment: ~$746.77

Example 2 – Used Trailer (Auction)

• Price: $18,000
• Term: 24 months
• Rate: 10%Estimated Monthly Payment: ~$829.93

Example 3 – Restaurant Equipment

• Price: $12,000
• Term: 36 months
• Rate: 8.5%

Estimated Monthly Payment: ~$379.94

These examples show how loan amount, interest rate, and term length all shape your monthly costs. You can plug in your own numbers above to compare plans that fit your budget.

Now that you’ve explored your estimated payments, you might be wondering what comes next.

At Smart Business Credit, we help small business owners turn plans into action — fast.

Whether you’re buying new, used, or auction equipment, we make financing easy:

• Fast approvals — most in under 24 hours
• No hard credit pull to apply
• Flexible terms for startups, growing businesses, and first-time buyers
• Used and private-seller equipment eligible

You’ve run the numbers. Now let’s find the plan that works for you.