| Most commercial and business
loans will require covenants or "rules" that govern the
terms and conditions of the loan agreement. These
covenants will most likely outline some of the following:
Debt Service Coverage Ration
Fixed Charge Coverage
Liquidity Requirements
Change of Control
Personal Financial Statements
Financial Reporting Requirements
Restrictions on Adding Additional Debt
Material Adverse Changes to the business.
Monthly Payment Business Loan Calculator
Use this calculator to perform calculations for payments
based upon an amortization schedule.
Interest
Only Business Loan Calculator
If you have an Interest Only Business Loan Payment, use
this calculator for calculating your monthly payments
without paying principal.
Business Loan Calculator - Debt Service Coverage
If you are looking to refinance a commercial loan or obtain
new commercial loan financing, this calculator will help you
estimate your debt service ratio to determine whether you
have enough cash flow for someone to give you a loan.
Business Loan Guidelines
What are the guidelines for business loans? Here are
common underwriting guidelines including loan to value (LTV)
ratios
Business Loan Covenants
Find out what some of the common loan covenants for
business lending in today's lending environment including
personal guaranties, liquidity requirements and common
provisions.
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