Business loan calculator

Each business has its own unique challenges and opportunities that can require extra finance. Our partner, the British Business Bank, has carried out research that shows that more than two-thirds of UK SMEs wanted to borrow less than £25,000 in 2018 - the average amount needed being £10,000. This could’ve been to keep trading, cover a short-term gap or fund growth plans.  

Here at Liberis, we don’t think that a one-size-fits-all approach is right for our customers – so that’s why our Business Cash Advance can offer you a bespoke funding solution worth anywhere from a £2.5k cash injection up to a £300,000advance. And you’ll only ever make payments to Liberis as your business is earning.
 

Using our business finance calculator couldn’t be easier. And it’ll give you a clear expectation of how our Business Cash Advance could work for you. All we need to know is the following:

• Your business type (retail, pub, salon etc.)
• The number of years you’ve been in business
• An estimate of your card takings every month
• The amount of funding your business requires

With just these few details and nothing more to start with, we can give you an estimate of how long it’ll take you to pay back your advance and how much you can expect to pay every month. Our interactive graph even highlights things to consider that are relevant to your business type.
 

Has our commercial loan calculator given you a helpful insight into how Liberis can benefit your business? We’re here to help – but we also appreciate how important it is for you to feel you’re able to trust us. As a 2018 government report states, “it is clear that a lack of trust in lenders” is one of the main reasons business owners are reluctant to request finance.
So, here are some compelling reasons you can trust Liberis when you need financial support:

• Our Business Cash Advance has already helped 10,000+ UK businesses 
• We’ve advanced £320m+ worth of funding to businesses just like yours
• 90% customers recommend us; 75% use us as a repeat funding source
• You get the assurance of knowing we’re supported by the UK government 

We’re also proud of the recognition we’ve received – named Alternative Finance Provider of the Year at the 2018 British Small Business Awards, as well as Alternative Lender of the Year (SME category) for the second year in a row at the 2019 Credit Awards!

When your business is weighing up your funding options, there can be a lot of numbers to keep track of – APR and business loan rates; borrowing fees or charges; and repayment periods. It’s easy to be overwhelmed, not least if the reason you need support is already causing you stress.
Here at Liberis, our Business Cash Advance is intended to be clear and easy to get to grips with. 

• No fixed monthly repayments – to pay back what you owe (including the cost of finance), we take a pre-agreed proportion of your credit and debit card takings as they come in
• No APR, penalties or hidden fees – you’ll know the only fee you pay with the Business Cash Advance at the start so there won’t be any nasty surprises later down the line 
• Over 70% approval rate – a less-than-perfect credit score won’t stand in your way and you won’t need to provide detailed business plans or legal documentation to be accepted
• Keep watch over all aspects of your Business Cash Advance with the myLiberis online account management tool, which can also be used to renew your funding if required
• Any cash takings are yours – if your business receives cash payments, you get to use them to manage your cashflow 

After using our business finance repayment calculator to see how we can help, the next step is to get a quote online. If you’re approved, you could receive your funding in a matter of days. 
 

Our business loan calculator shows you how much your earnings will be directly linked to how much you’ll repay with a Business Cash Advance.
After you receive your funding as a lump sum upfront, what you owe will be paid back through your POS terminal as a pre-agreed share of a debit or credit card payment. It’s automatic too, so you don’t need to worry about making sure you’ve made a payment on time.

It means that your payments could vary from month to month, especially if you’re a seasonal business. But, then again, that’s the whole point – to be flexible and to work around you.

Rigid monthly payments simply don’t work for everyone. You might notice many business loan repayment calculators work on the basis you’ll pay the same amount every month – no matter what. But that’s not practical for a seaside business that takes little or no income during winter months. Or for Christmas businesses, who see trading tail off in January until the autumn.
 

Typical business loan APR rates can force the cost of borrowing up for many small businesses and can make a difficult situation even worse. But that’s not the case with our Business Cash Advance. When you apply for support from us, we’ll agree a fixed price that’s tailored to your individual circumstances – no APR, no setup fees and no additional charges. Ever.

Thanks to our intelligent pricing, we can adjust our rates based on your credit history. You’re also free to decide just how much funding you need and how quickly you’d like to pay it back, which will have a bearing on how much you pay back overall. To discover how much financial support you might be eligible for, get a free no-obligation quote online today.
 

Sole traders and small businesses alike are welcome to use our business loan calculator on this page to see if our Business Cash Advance could be the perfect solution.

The funding you could be eligible to receive when you apply for our Business Cash Advance can be used for many reasons: to support growth plans, to cover short-term cashflow concerns, for general convenience, to refurbish your premises or simply to keep going when times are tough.

Rob Straathof, our CEO, says: “At Liberis, we’re on a mission to fund small businesses to help them achieve their ambitions. We’re incredibly proud to support hardworking business owners such as your local bakery to invest in a new oven, help the neighbourhood pub expand with a beer garden, or enable incremental stock purchase for an online retailer.”

Since we first launched, we’ve helped more than 10,000 businesses through our Business Cash Advance – approving 7 out of every 10 applicants, even if their credit history hasn’t been spotless. 
 

Our commercial loan calculator can provide a useful first indication if you qualify for a Business Cash Advance, but it’s no guarantee that you’ll be accepted. 

To get a better idea, you can use our clever checking tool to find out how much funding you could be eligible for. It provides you with a quote that’s tailored to your business and its individual situation. For many customers looking for smaller funding amounts, it means we can show you before you apply in full whether you’ll be approved. It also doesn’t affect your credit score.

Do you need funding for your business?

Are you looking for an alternative to the unpredictable business loan rates and inflexible payment plans that you might get from a high street bank?
Has our business finance calculator shown you a solution that could be the perfect fit for you?

If so, let Liberis Finance help you achieve your aims and ambitions by providing you with a solution that looks at the potential of your business – not its past. Thanks to a higher approval rate than traditional paths of finance, we offer the flexibility and freedom you need to continue what you do best.

Get a quote that’s tailored to you today – so you can start making grand plans tomorrow. 

If you’ve already benefited from a Business Cash Advance from Liberis and would like to renew your funding, you can do so by simply logging in to your myLiberis account management tool.