Calculate EMI for a business term loan or working capital loan.
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View bank rate comparisonBusiness loans (term loans, not working capital lines) follow the standard reducing-balance EMI formula. Rates vary widely — from around 9% for well-established businesses with strong financials and collateral, up to 20%+ for newer businesses or unsecured loans, reflecting the lender's assessment of business risk.
Unlike personal loans, business loan eligibility and pricing often depend on your business vintage, annual turnover, existing banking relationship, and whether the loan is secured against business or personal assets.
A term loan is a fixed amount repaid via EMI over a set period, used for expansion, equipment, etc. Working capital loans are typically revolving credit lines to manage day-to-day cash flow, and don't follow a fixed EMI structure.
Not always — many banks and NBFCs offer unsecured business loans up to a certain amount, but secured loans (against property or business assets) usually get you a meaningfully lower interest rate.
Yes — lenders generally want to see at least 2-3 years of business operations and stable revenue before offering the best rates; newer businesses often pay a premium or need a personal guarantee.