Debt consolidation loans allow businesses to transfer the account balances from credit cards, lines of credit or installment loans into a single loan and to make a single monthly payment. Typically, borrowers pursue this option when they benefit with a lower overall interest rate, a quicker repayment period, or a lower monthly payment.
Use this calculator to help you calculate business debt consolidation options.
Change the numbers in each input field by entering a new number or adjusting the sliders. After entering your data into each input field, the calculator results will automatically update the summary statement and chart.
