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| Small business loans canada | The calculations produced do not account for, among other things, the following factors that may impact amortization: i non-scheduled payment reductions such as lump sum payments, ii Business Loan Insurance Plan premium payments, iii leap years, iv maturities on dates other than payment due dates or v interest adjustments. Past performance is not indicative of future results. Opting for shorter amortization periods means faster payoff, but higher monthly payments can restrict cash flow. For example, if the lender denied your application due to a low credit score, you can take steps to improve it before applying again. Our business loan calculator will help you determine the monthly payment and interest costs for various business loans. |
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