Float Payments
Business loan calculator

See what your business could repay

Choose a product, set your amount and term, and see an estimate of your repayments. These are indicative figures based on a representative interest rate. Your actual rate depends on your business profile.

Business loan calculatorIndicative
$15,000
$10,000$25,000
12 months
6 months24 months
Float Business Starter
Amount borrowed$15,000
Establishment fee$375
Interest rate (indicative)22.99% p.a.
Total interest$1,981.19
Total you repay$17,356.19
Monthly repayment$1,446.35
Rates range from 16.99% to 29.99% p.a.
Comparison rate: 27.83% a year ($15,000 over 12 months).

WARNING: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.

No monthly account fee. No early repayment penalty.

These figures are estimates based on a representative rate of 22.99% p.a., not an offer of credit. Your actual rate depends on your business profile and trading history. Business loans are for business purposes only and are not regulated by the National Credit Code.

Apply for a business loan

The calculator does not affect your credit file. When you apply, we check your credit history.

How the calculator works

The calculator uses a standard amortisation formula. The establishment fee is added to your loan and repaid as part of your monthly repayments. There is no monthly account fee and no early repayment penalty on any Float business loan.

The interest rate shown is an example rate for the product you selected, the same one used in its comparison rate example. Your actual rate is set when we assess your application and depends on your business revenue, trading history, and credit history.

Business loans from Float are for business purposes only and are not regulated by the National Credit Code. You will be asked to sign a business purpose declaration as part of your application.

Ready to apply?

Check what your business could borrow. No obligation.