CALCULATE PAYMENTS
SBA Loan Calculator
See for yourself what the total cost of funding is when you compare SBA Loans and ROBS funding.
Cost of Funding Comparison:
ROBS 401(k) vs. SBA Loan
Entrepreneurs looking to start or purchase a business typically consider a variety of options for funding their business. Many initially presume an SBA (Small Business Administration) loan is the best option for them. However, once an analysis is done, quite often most of them instead opt for funding through ROBS (Rollover as Business Startup). While ROBS may not be the best option for every situation, it is worthwhile to see a cost analysis of the two options that includes all relevant factors – initial fees, interest rates, monthly and total payments, etc.
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Benetrends Financial has provided this tool for educational purposes. Results should not be deemed definitive or regarded as investment advice or a financial determination of funding. Benetrends is not liable for any calculation errors.
| Funding Required: | ||
| SBA Loan | ROBS 401(k) Financing | |
| Loan Period in Yearsp | N/A | |
| Annual Interest Ratep | N/A | |
| Retirement Funds | N/A | $ |
| Upfront Payment | $ 4,995 | |
| Monthly Payment | $ | $ 145.00 |
| Total Interest | $ | N/A |
| Total Payments | $ | $ |
Benetrends Financial has provided this tool for educational purposes. Results should not be deemed definitive or regarded as investment advice or a financial determination of funding. Benetrends is not liable for any calculation errors.
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