ContractorUK has provided you with a loan calculator in order for you to calculate how much your loan will really cost you and how long it will take you to repay it. In order for your company to get off the ground or to continue operating an existing company, you may decide that you need to take out a loan in order to finance it. When looking for a loan it is advisable to look around and compare different lenders and their offerings. Using this calculator to work out the total cost of your loan offer including the cost of interest will make it easier to compare different offers.
By Laura Foster