$500,000 Business Loan
Compare monthly payments across all loan types for a $500,000 business loan at current 2026 rates.
Monthly Payments for $500,000 Loan by Type
| Loan Type | Rate | Term | Monthly Payment | Total Interest | Total Cost | |
|---|---|---|---|---|---|---|
| SBA 7(a) Loan | 10.25% | 10 yrs | $6,677 | $301,234 | $801,234 | Details |
| SBA 504 Loan | 6.5% | 10 yrs | $5,677 | $181,288 | $681,288 | Details |
| Equipment Financing | 11.5% | 3 yrs | $16,488 | $93,568 | $593,568 | Details |
| Business Line of Credit | 17.5% | 1 yrs | $45,721 | $48,653 | $548,653 | Details |
| Merchant Cash Advance | 60% | 0.5 yrs | $98,509 | $91,052 | $591,052 | Details |
| Invoice Factoring | 24% | 0.25 yrs | $173,377 | $20,132 | $520,132 | Details |
| Commercial Real Estate Loan | 9.5% | 5 yrs | $10,501 | $130,056 | $630,056 | Details |
Can Your Business Afford a $500,000 Loan?
A $500,000 business loan is a common financing amount for growing businesses, suitable for equipment purchases, expansion, or working capital.
At the average SBA 7(a) rate of 10.25%, monthly payments on a $500,000 loan over 10 years would be approximately $6,677. To comfortably afford this, your business should generate at least $53,416 in monthly revenue.
