Business Line of Credit Calculator

Use our free business line of credit calculator to compare your current loan with an Elevations Business Line of Credit. This fast calculator estimates your monthly payments and total cost.

How to Use This Calculator

Find out quickly whether you should change your loan to an Elevations AssetLine Business Line of Credit. Here’s how:

  1. Add your current information: Input your current loan amount, term, interest rate, and monthly payment.
  2. Select a term: Choose between seven, 10, and 15 years for your business line of credit through Elevations. The interest rate will automatically adjust.
  3. Add an additional monthly payment: Choose any amount for the payment you’ll make on your business line of credit through Elevations.
  4. Compare results: See the difference between the total payment on your current loan and what you would pay at Elevations.
  5. Compare payment breakdowns: On the second tab, you’ll see how your interest and principal payments change over time for a business line of credit at Elevations.

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