Step 1: Enter Your Loan Details
Step 2: Estimate Loan Fees (Optional)
Commonly 0% to 5% for many loans.
E.g., application, appraisal, legal fees if known.
E.g., annual servicing fees, if applicable. Enter total for one year.
Step 3: Estimated Loan Costs & Amortization
Loan Amortization Schedule
| Month | Payment | Principal | Interest | Balance |
|---|
Resources for Women-Owned Businesses (USA)
While loan cost calculations are standard, various organizations offer support, counseling, and access to capital for women entrepreneurs. Consider exploring:
- SBA Office of Women's Business Ownership (OWBO): Provides training, counseling, and access to credit and capital through Women's Business Centers (WBCs) across the country. (sba.gov/women)
- SBA Loans (7(a), 504, Microloans): These government-backed loans are not exclusive to women but offer favorable terms and are a key funding source. WBCs can help navigate these.
- Grants for Women: Organizations like WomensNet (Amber Grant) and others offer grants. Search databases like Grants.gov and private foundation sites.
- Certified Development Companies (CDCs): Non-profit organizations that work with the SBA and private-sector lenders to provide financing to small businesses (including 504 loans).
- Community Development Financial Institutions (CDFIs): Provide financing and technical assistance to underserved communities and businesses.
- National Association of Women Business Owners (NAWBO): Offers resources, networking, and advocacy.
- Association of Women's Business Centers (AWBC): Supports the network of WBCs.
This list is not exhaustive and is for informational purposes. Research specific programs for eligibility and current offerings.