Take the Business Loan Calculator Challenge
Participate in each of the activities below and when you’re done you’ll have calculated the monthly payments for your business loan. Share your progress by joining the mastermind community.
Learn More About Calculating
Business Loan Payments
How Can You Reduce the
Interest You Pay?
From your reading, what are four strategies you can use to reduce the interest you will pay on your small business loan? Share your answer
with the BizSugar mastermind group.
What is the Average Length of a
Small Business Loan?
From your research, what is the average length
of a small business loan? Share your answer
with the BizSugar mastermind group.
What is the Average Interest Rate
of a Small Business Loan?
From reading the small business loan article provided, what is the average interest rate for a small business loan? Share your answer with the mastermind group.
Use the Calculator to Figure Out the Payment Schedule of Your Loan
Use the Calculator to Figure Out the Payment Schedule of Your Loan
Enter the total amount, interest rate and terms
of your small business loan and generate
the payment schedule including the
amount of each payment.
Share Your Success
Let the community know you’ve
completed the challenge!
