Deciding Between a Business Loan or a Line of Credit

Congratulations! You’ve determined your business is ready to take the next step.

Now, you need to decide on your financing options to accomplish your new goals. Both business loans and lines of credit have their advantages. Use our calculator to determine which is right for you based on the numbers.

 

 

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.