Business Loan Payoff Calculator
Automate SBA loans, term loans, and commercial lines of credit payoffs. Process complex business loans in 2 minutes with 100% accuracy.
All Business Loan Types Supported
SBA Loans
- • SBA 7(a) loans
- • SBA 504 loans
- • SBA Express loans
- • SBA microloans
- • PPP loan forgiveness
Term Loans
- • Small business term loans
- • Working capital loans
- • Expansion financing
- • Acquisition loans
- • Bridge loans
Lines of Credit
- • Business lines of credit
- • Revolving credit facilities
- • Seasonal credit lines
- • Asset-based lending
- • Invoice financing
Commercial Real Estate
- • Commercial property loans
- • Multi-family financing
- • Owner-occupied CRE
- • Construction loans
- • Bridge financing
Equipment Financing
- • Equipment loans
- • Equipment leases (FMV & Capital)
- • Sale-leaseback transactions
- • Technology financing
- • Vehicle fleets
Alternative Financing
- • Merchant cash advances
- • Revenue-based financing
- • Factoring agreements
- • Mezzanine debt
- • Convertible notes
Handle the Most Complex Business Loan Structures
Variable Interest Rates
SOFR-based, Prime + spread, Treasury-indexed, or custom rate formulas. PayoffAgent handles them all.
Example: SOFR + 3.5%, floor 5.0%, cap 12.0%
Automatic rate lookups & calculations
Balloon Payments
Amortized over 20 years, due in 5. PayoffAgent calculates the balloon amount precisely.
Example: $500K loan, 7% rate, 240-month amortization, 60-month balloon
Exact balloon payoff to the penny
Step Payment Schedules
Graduated payments that increase annually or seasonally. Complex amortization handled automatically.
Example: Year 1: $3K/mo, Year 2: $4K/mo, Year 3+: $5K/mo
Accurate principal tracking across schedule changes
Prepayment Penalties
Yield maintenance, fixed percentage, declining scale, or make-whole provisions. All calculated correctly.
Example: Year 1: 5%, Year 2: 3%, Year 3: 1%, Year 4+: 0%
Tiered penalty calculations with exceptions
Simple 3-Step Process
Upload Loan Agreement
Upload the original loan document or connect to your document management system. AI extracts all terms automatically.
Enter Servicing Data
Input payments made, outstanding fees, and desired payoff date. Connect to your servicing platform for automatic data pull.
Generate Payoff Letter
Review calculation breakdown, generate professional payoff letter, and email to borrower or accountant. Done in 2 minutes.
Business Lending Features
UCC & Collateral Tracking
Track UCC filings, collateral releases, and lien positions. Generate UCC-3 termination statements automatically.
Personal Guarantee Handling
Track personal guarantees and generate appropriate release documentation upon loan payoff.
Multi-Entity Borrowers
Handle complex corporate structures: parent companies, subsidiaries, joint ventures, and co-borrowers.
Fee Management
Late fees, NSF charges, inspection fees, legal fees, default interest, and termination fees all tracked and calculated.
Financial Covenant Tracking
Monitor compliance with debt service coverage, loan-to-value, and other financial covenants throughout loan life.
Accountant Portal
Give borrowers' accountants secure access to request and receive payoff quotes for refinancing or business sales.
Common Business Loan Payoff Scenarios
Business Sale / M&A
Company is being acquired. Buyer's attorney needs exact payoff for closing. Fast turnaround critical for deal completion.
PayoffAgent Advantage:
- 2-minute payoff quote vs. 2-day manual process
- All fees and penalties calculated
- UCC termination docs auto-generated
Refinancing for Better Terms
Borrower shopping for lower rates. Competing lenders need your payoff amount to make offers. Speed wins deals.
PayoffAgent Advantage:
- Instant payoff quotes beat competition
- Prepayment penalty clearly disclosed
- Professional documentation builds trust
Early Payoff from Strong Cash Flow
Business is thriving. Owner wants to pay off debt early. Needs to understand prepayment penalty and exact amount.
PayoffAgent Advantage:
- Clear breakdown of penalty vs. principal
- Calculate scenarios for multiple payoff dates
- Help borrower time payoff for minimum cost
Portfolio Sale to Another Lender
Selling a portfolio of 200 business loans. Need accurate payoff amounts for all loans to price the portfolio sale.
PayoffAgent Advantage:
- Bulk processing: 200 loans in hours not weeks
- Consistent methodology across portfolio
- Export to Excel for pricing analysis
Business Lender ROI
Refinances, sales, early payoffs
Commercial loan officer fully loaded cost
Plus: Faster deal closings, better borrower experience, competitive advantage
Ready to Automate Business Loan Payoffs?
Join business lenders saving 25x the time with PayoffAgent's AI automation.
SBA-approved calculations • API available • Custom workflows