| Type | Effective Amt | Rate | Monthly | Total Interest | Total Cost |
|---|---|---|---|---|---|
| Term Loan(selected) | $100,000 | 8.50% | $2,051.65 | $23,099 | $123,099 |
| SBA 7(a) | $100,000 | 8.50% | $2,051.65 | $23,099 | $123,099 |
| Line of Credit | $75,000 | 8.50% | $531.25 | $31,875 | $106,875 |
| Equipment Financing | $80,000 | 8.50% | $1,641.32 | $18,479 | $98,479 |
| Scenario | Amount | Rate | Term | Monthly | Total Interest |
|---|---|---|---|---|---|
| Primary | $100,000 | 8.5% | 60mo | $2,051.65 | $23,099.19 |
| Scenario B | $150,000 | 7.0% | 84mo | $2,263.90 | $40,167.77 |
| Scenario C | $75,000 | 10.0% | 36mo | $2,420.04 | $12,121.41 |