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Line of credit payment estimator

Estimate the weekly payment on a single draw from a business line of credit. Set the draw, the rate and a term up to 24 months. Because you only pay interest on what you've drawn, the payment covers this draw alone, not your full limit.

$50,000
$10K$5M
18%
6%45%
Repayment term

Weekly payment

$1,052.33

DrawInterest · $4,721

Each square is one weekly payment (two years shown).

Payments
52
Paid off by
Sep 2027

Interest on this draw only. No draw fees; a flat monthly maintenance fee applies.

Apply for a line of credit

How is this calculated?

  1. Weekly rate = APR ÷ 52.
  2. Number of payments = months × 52 ÷ 12.
  3. Payment uses the same amortization formula as a term loan, applied weekly.

Estimates are good. Offers are better.

See your real amount, rate and payment with a soft credit check. Decisions the same day.

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