*This business loan calculator assumes a monthly interest rate of 3.3%. Your interest rate & credit limit may vary based on your application information.
All business loans have specific loan terms and interest rates, and in many cases, elements like your credit history, available collateral, and overall business plan will play a role in whether you are granted the loan or not.
Different financial institutions have different criteria, and PayeUp has its own criteria that do not solely depend on your credit score. So, just because one bank or lender has rejected you, does not mean there are no other options for securing the funding you need to support your business.
PayeUp provides business loans with an easier and faster approval process. Our services are designed to get you your loan faster than traditional lenders. Your ongoing business cash flow and daily transactions play a large role in getting your loan approved. Daily, weekly, and bi-weekly repayment options are available at the PayeUp company. Additionally, we are able to finance industries that traditional lenders do not. If you're looking for additional financing on top of your existing loan from a traditional lender, we are able to do that too.