Download Our Debt Coverage Ratio Calculator

Meredith Wood

Meredith Wood

Editor-in-Chief at Fundera
Meredith Wood is the editor-in-chief at Fundera. She has specialized in financial advice for small business owners for almost a decade, and is sought out frequently for her expertise in small business lending. Meredith’s advice has appeared in the SBA, SCORE, Yahoo!, Amex OPEN Forum, Fox Business, American Banker, Small Business Trends, and more.
Meredith Wood

Are you shopping for business financing? If so, before you get started, you should calculate your debt-service coverage ratio. A debt coverage ratio helps you see how much cash you have to service debt. It will give you an idea of the loan amount, and interest, your business can afford, so you don’t go to a lender and ask for too much. It is a great way to gain perspective on your loan options, as well as ensure you are not taking on more debt than your business can handle. If you’re not actually sure what your loan will cost you, try using a business loan calculator first.

Download Our Debt Coverage Ratio Calculator Here

Editorial Note: Fundera exists to help you make better business decisions. That’s why we make sure our editorial integrity isn’t influenced by our own business. The opinions, analyses, reviews, or recommendations in this article are those of our editorial team alone. They haven’t been reviewed, approved, or otherwise endorsed by any of the companies mentioned above. Learn more about our editorial process and how we make money here.
Meredith Wood

Meredith Wood

Editor-in-Chief at Fundera
Meredith Wood is the editor-in-chief at Fundera. She has specialized in financial advice for small business owners for almost a decade, and is sought out frequently for her expertise in small business lending. Meredith’s advice has appeared in the SBA, SCORE, Yahoo!, Amex OPEN Forum, Fox Business, American Banker, Small Business Trends, and more.
Meredith Wood

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