Business Loan Calculator
Calculate monthly repayments including initiation fees and service fees to get the true total cost of your business loan.
Enter Business Loan Details
Business loans: typically prime (11.75%) to prime + 6%
NCA max: R1,207.50
NCA max: R69/month
Enter your business loan details
Include fees to see the true cost of your business finance.
Understanding the total cost of a South African business loan
Unlike personal loans, many South African business loans are priced at prime + a margin. The margin depends on your business's credit risk, cash flow history, and collateral. Alternative lenders may use a factor rate instead of an annual percentage rate — a factor rate of 1.25 on R100,000 means you repay R125,000 total.
The National Credit Act (NCA) caps initiation fees at R1,207.50 and monthly service fees at R69 for regulated credit agreements. Always request a pre-agreement quote from your lender before signing.
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Rates are indicative and subject to change without notice. Finance EzyFind is a free comparison and matching service — not a lender or credit provider. All lending is subject to the National Credit Act (NCA). Please borrow responsibly.
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