Calculate a Business Loan Payment

Whether you are expanding or in a financial crisis, it’s time to explore a loan for your business, but you need to understand what your monthly payment will be.

Your monthly payment will include loan principal, plus monthly interest on the outstanding loan balance. Loan payments are amortized so that your monthly payments remain the same during the repayment period, but during that period, the percentage of each payment that goes towards principal will increase as the outstanding loan balance decreases.

The information provided in these articles is intended for informational purposes only. It is not to be construed as the opinion of Central Bancompany, Inc., and/or its subsidiaries and does not imply endorsement or support of any of the mentioned information, products, services, or providers. All information presented is without any representation, guaranty, or warranty regarding the accuracy, relevance, or completeness of the information.