You can also use NerdWallet’s business loan calculator to get an idea of what different loan amounts will cost and how much interest you may be charged. View all sources If you’re applying for a business loan, consider starting with a smaller bank. Applicants self-reported data for personal credit scores, business revenue, business start dates, funding purposes, industry information and loan amount requested. We also analyzed the actual amount applicants received and the type of business loan borrowers ended up with. Note: The data reflects businesses that found funding through NerdWallet’s marketplace and is not representative of all U.S. small businesses or all small-business loan applicants.