Guarantor Loan Calculator

How This Guarantor Loan Calculator Works

This tool helps you with cash flow planning  by providing clarity on potential costs. Simply enter your loan amount and duration to see an estimated repayment schedule  using our repayment calculator. This gives you a clear budget target, taking your income into account. Please remember this is an estimate. Lenders will determine your final rate based on revenue-based lending  criteria and the security provided.

Calculator Tips

• Loan Duration Optimisation:  Match the loan term to the asset's lifespan to avoid unnecessary interest.
• Check Revenue:  Ensure your monthly turnover comfortably covers the estimated repayment figure shown here.
• Leverage Security:  Having your guarantor's property details  ready and a clear credit history helps you access the lowest rates and smooths the loan approval process. 

What is a Secured Business Loan?

A guarantor loan is a type of property-backed loan  where a third party, usually a company director or partner, provides security. This is typically done by offering commercial property collateral  or a mortgage  on residential equity. By providing this collateral security, the borrower significantly reduces the risk for the lender. It functions similarly to home loans but for business, often avoiding LMI costs. In return, lenders are able to offer you lower interest rates and higher approval limits than they would for a standard unsecured loan.

How Does This Benefit My Business?

When comparing unsecured vs secured  loan options, using a guarantor is often the bridge between a decline and an approval.

• Lower Costs:  Secured loans generally come with lower rates, which saves you significant money over the life of the loan.

• Easier Approval:  If you are looking for startup business loans or have a challenging business credit score, a director guarantee provides the reassurance lenders need to help you qualify.

• Higher Limits:  Security allows you to borrow larger sums to fund significant growth capital funding projects that unsecured loans cannot cover.

What Can I Use These Funds For?

Lend helps you access capital for almost any legitimate business expansion  or financing purpose using guarantor loans. 

• Growth and Expansion:  Funding new fit-outs, launching marketing campaigns or opening new locations.

• Working Capital:  Finding working capital solutions to smooth out cash flow gaps, purchase bulk inventory or cover wages.

• Asset Acquisition:  Securing asset acquisition finance for purchasing vehicles, trucks, yellow goods or specialised machinery.

• Tax Management:  Handling ATO debt consolidation to stabilise your financial position. We recently helped a client secure $250,000 to clear tax debt when his bank could not help.

How Our Financial Concierge Service Works

We believe in total transparency regarding the loan approval process. Here is exactly how we find your loan.

1. Simple 2 Minute Form:  You tell us what you need. This is a preliminary check, not a formal credit application, so there is no negative impact on credit history.
2. Smart Analysis:  You connect your business bank account via our secure read-only portal. LendIQ analyses your business cash flow, not your personal spending, to find the lender most likely to approve you.
3. Expert Connection:  Our system identifies your single best match from over 80 lenders and allows you to compare  offers. Then a specialist from our team contacts you to explain the deal. We can even negotiate a limited guarantee size required  for the fast funds deposit . This often happens within 24 hours.