Business Debt Consolidation

Existing Debt

Total Debt
Monthly Payment
Months to Payoff

Consolidation Loan

Total Debt
Monthly Payment
Months to Payoff
Itemized Credit Card and Line of Credit Debt
Card/LOC Balance
Interest Rate
Monthly Payment
Card/LOC 1
Card/LOC 2
Card/LOC 3
Card/LOC 4
Card/LOC 5
Card/LOC 6
Total

Itemized Installment Loan Debt
Loan Balance
Interest Rate
Monthly Payment
Loan 1
Loan 2
Loan 3
Loan 4
Loan 5
Loan 6
Total

Debt consolidation loans allow businesses to transfer the account balances from credit cards, lines of credit or installment loans into a single loan and to make a single monthly payment. For debt consolidation loans to be beneficial, the repayment period for paying off the consolidation loan should be shorter than what it would be for your existing debts without the loan. Secondly, the interest that you pay over the repayment period should be less than what you would pay with your current repayment terms. In some cases, a debt consolidation loan may look attractive because it has a significantly lower monthly payment than what you are paying today, but it is likely the case that the lower payment is due to extending the repayment of the loan over a much longer repayment period.

Email Your Inputs & Results

Fintactix Financial Calculators support the ability to email inputs and results to designated recipients. This form is configured to simply email the inputs and results to the user. Alternative configurations can be set up to email a second email to a designated inbox in your contact center allowing our Financial Calculators to provide lead generation capabilities.

Results of the calculators are not a guarantee of credit. Examples are hypothetical and for illustrative purposes only.