Loan Calculator
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
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A POS Loan is a revenue-based financing solution designed for businesses that accept card payments through point-of-sale terminals. Instead of fixed monthly installments, repayments are linked directly to daily card sales, making cash flow management easier and more predictable.
POS Loans are ideal for retail, hospitality, and service-based businesses seeking quick access to working capital without traditional collateral. Approval decisions are based on transaction history rather than just balance sheets.
The Equipment Finance Calculator calculates the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for personal loan product. The Equipment Finance Calculator also calculates the time saved to pay off the loan and the amount of interest saved based on an additional input from the customer. This is if repayments are increased by the entered amount of extra contribution per repayment period. This feature is only enabled for the products that support an extra repayment. The calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.
All months are assumed to be of equal length. In reality, many loans accrue on a daily basis leading to a varying number of days interest dependent on the number of days in the particular month.
One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.
In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable at points along the graph and in total over the full term of the loan. This assumption allows for a smooth graph and equal repayment amounts. Note that the final repayment after the increase in repayment amount.
The time saved is presented as a number of years and months, fortnights or weeks, based on the repayment frequency selected. It assumes the potential partial last repayment when calculating the savings.
This amount can only be approximated from the amount of time saved and based on the original loan details.
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for the product. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change.
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
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We deliver measurable outcomes across financing, advisory, and company formation. Every number represents a business supported, a partnership strengthened, and a successful transaction completed.
Their financial advisory was spot-on. We restructured our capital effectively thanks to their deep understanding of banking and regulation.
Professional, honest, and reliable. Wolf Street Group truly prioritizes client success and long-term partnerships. Highly recommended.
Wolf Street Group helped us secure financing at a critical time for our expansion. Their team handled the entire process with clarity and professionalism.
Setting up our company in the UAE felt overwhelming until we worked with Wolf Street Group. They managed every step smoothly and kept us informed throughout.
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