Business Loan Calculator
Enter the amount you'd like to borrow, the term, and an indicative interest rate to see an estimated monthly repayment and total cost of borrowing.
Your inputs
Estimated cost
Monthly repayment
£8,055.06
Total interest
£39,982
Total repayable
£289,982
Assumptions used in this calculator
- Repayments are calculated on a fixed-rate amortising basis.
- Actual rates depend on your business profile, trading history and lender criteria.
- Excludes arrangement, broker and early repayment fees.
Calculator questions
How accurate is the business loan calculator?
It provides an indicative monthly repayment based on the rate you enter. Your actual quote will depend on the lender, your business profile and any fees added to the facility.
What is a typical business loan interest rate?
Unsecured business loan rates typically range from 6% to 25% APR depending on term, amount and business credit profile. Secured rates are usually lower.
How to get business loan through Spark Finance
- 1
Complete the free calculator above to understand your estimated monthly repayment.
- 2
Click 'Check your eligibility' to start your full application in under five minutes.
- 3
Spark Finance approaches multiple lenders and presents you with competing offers to compare.
- 4
Accept your preferred offer and funds are typically released within 24-72 hours.
Learn more about business loan
The Complete Guide to Business Loans for UK Companies (2026)
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Short-Term Business Loans: Best Uses and When to Avoid Them
May 2, 2026 · 6 min read
Long-Term Business Loans: When Is a 5 to 7 Year Term the Right Choice?
May 1, 2026 · 6 min read