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Business term-loan cost estimator

Term loans price by channel. Pick the kind of lender, then move the sliders to watch an all-in APR become real numbers: the estimated payment, the total you repay, and the cost of the financing in dollars. Nothing you enter is collected.

Term-loan cost · educationalEducational market data. Not Trident pricing, not a quote, and not an offer.
Lender channel

Channel sets the price more than credit score does. A bank loan and a short-term online loan are different markets, so the ranges never blend across channels.

Across the market, bank loans average around $478,000. That is an industry average for context, not a suggested amount for you or Trident pricing.

Most bank loans land in the 36 to 84 month window.

The market range for a bank loan at 60 months runs 6.8% to 15.7% APR, centered near 9.5% (public market data, Jul 2026). Not Trident pricing.

Funding amount$480,000
All-in APR9.5%
Estimated monthly payment Level monthly payment. Bank term loans commonly repay monthly by ACH.$10,081 / mo
Estimated total repaid$604,854
Cost of financing Always shown in dollars. Never hidden.$124,854
How this is estimated The tool treats the all-in APR as the full cost of the financing and amortizes it over the term. Figures are approximate; the payment schedule on any real offer governs.Approximate
Market context · industry data, Jul 2026*

The 9.5% APR sits right at the market center for a bank loan at this term.

* Market data sources
  1. OnDeck (Enova) transparency disclosure: average term-loan APR 56.4% on loans originated in the half-year ending June 30, 2025.
  2. Enova International Form 10-K (SEC EDGAR): average annualized yield on these small-business products 46% (FY2024) and 48% (FY2025), terms 3 to 24 months.
  3. KBRA-rated OnDeck ODAST 2023-1 collateral pool: weighted-average yield 44.4% on a 723 weighted-average FICO pool, 15-month weighted-average original term.
  4. Federal Reserve Bank of Kansas City Small Business Lending Survey: median new small-business term-loan pricing in the high-6 to low-7 percent range, Q4 2025.
  5. SBA 7(a) program (13 CFR 120.214 to 120.215): maximum spreads over prime that cap the bank channel near 9.75% to 14.75%; FY2025 average loan size $477,642.
  6. iBusiness Funding (formerly Funding Circle) live book: 22.45% to 50.24% APR, supporting the lower edge of the marketplace center.

Educational market data with full citations on file in substantiation/term-loan-pricing-2026-07.md. Not Trident partner pricing, and not a quote.

Actual amounts and terms are set by independent funding partners and depend on your credit, revenue, time in business, and lender channel. Your offer will differ. The ranges shown are industry market data from published sources as of Jul 2026, not Trident pricing. Partner fees, if any, are itemized on the offer itself: ask for all of them in writing.

Shorter terms raise the annualized cost of the same dollars. See the full explainer

How the math works

Reading a term loan.

A short read on what the estimate is doing, and where the real numbers still come from.

Channel sets the price

The biggest driver of what a term loan costs is the lender channel, not your credit score. A bank or SBA-adjacent loan, an online marketplace loan, and a short-term online loan are three different markets that price years apart on the same borrower. Pick the channel first, then read its range. Industry figures, not a Trident quote.

Dominant axis

All-in APR, annualized

These products are shopped in all-in APR: one annualized number that folds any fees and the repayment schedule into the cost. The tool amortizes that APR over the term to estimate the payment. A shorter term on the same dollars raises the annualized cost, because the same financing charge is spread over less time.

How the math works

Advertised floors are not typical prices

A lender that advertises a low starting number is quoting a floor for its strongest files. Published market data puts the realized center well above those floors, and on the online marketplace channel the low edge is an advertised floor, not a sold price. The tool defaults to the market center for the channel and term, never the floor.

Read the fine print

What this tool does not do

It does not predict approval or partner pricing, and it does not add fees a partner may charge, such as origination or ACH. It treats the APR as the full cost of the financing for a clean estimate, so the payment schedule on any signed offer governs. Confirm every final number on the contract.

Educational only
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