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APR Calculators for Every Small Business Loan Type

At Fundera, we firmly believe you should know the APR on a loan before ever committing to the product.

]APR is the price you pay for borrowing money. It includes both your interest rate and any included fees. Sometimes fees can be hidden, which is what makes APR so important.

APR lets you see the true cost of a small business loan, as well as compare various loan products on an apples-to-apples basis. The best way to figure APR is to use an APR calculator. Here are 5 different APR calculators, based on your loan type:

1. APR Calculator for SBA Loans

2. APR Calculator for Medium-Term Loans

3. APR Calculator for Invoice Financing

4. APR Calculator for Short-Term Loans

5. APR Calculator for Merchant Cash Advances

Meredith Wood

Meredith Wood

Editor-in-Chief at Fundera
Meredith is Editor-in-Chief at Fundera. Specializing in financial advice for small business owners, Meredith is a current and past contributor to Yahoo!, Amex OPEN Forum, Fox Business, SCORE, AllBusiness and more.
Meredith Wood