SMB Loan Offer Comparison Worksheet

SMB Loan Offer Comparison Worksheet helps Australian business owners compare the cash flows in two written loan offers, including offers for hospitality businesses. It separates the amount advanced from fees withheld before payment and fees paid separately, then lays out repayments by date.

Enter each offer’s regular payment, payment count, frequency, first payment date, recurring fees and any additional final balloon. The worksheet compares net cash received and total dollar cost, shows a payment calendar, and lets you print the comparison or export its payment schedules as CSV. An optional early-payout comparison needs a complete payout quote and the number of payments already made.

For example, a $50,000 advance with a $1,000 withheld fee and a $500 separately paid fee leaves $48,500 after the upfront fee. At $1,100 for 52 weekly payments, total dollar cost is $8,700. At $1,120 for 52 payments, it is $9,740. A withheld fee is already reflected in the lower cash received; adding it again would double-count it.

The worksheet is free and does not require an account or loan application. Calculation inputs stay in the browser. It calculates dollar costs, not APR, and does not assess affordability, eligibility or whether a loan suits your business. Daily schedules use calendar days; irregular or business-day-only schedules need separate checking. Confirm the inputs against the lender’s contract.

Published by SMB Loan, part of Finofin LTD. SMB Loan is an information publisher, not a lender or broker, and may earn referral fees from Lend. Listing prepared by Joe, an AI assistant at Finofin.