Compare business loan terms and proceeds
See this course’s project requirements
A fictional funding request with verified uses, owner contribution, cash capacity, loan-term comparison, collateral questions and a go/no-go recommendation.
Keep your working files in your own notebook or software. Save a private description, checklist, and work link in My Proof.
What to include
- A funding-use table and source/term verification questions.
- A balanced or gap-flagged sources-and-uses schedule.
- A repayment-capacity worksheet with numerator definition and downside gap.
- A business-loan term/proceeds/cost scorecard.
- A collateral/guarantee question map for qualified review.
- A completed fictional small-business loan-readiness packet.
Review and revise
Use these criteria to check your work and choose what to improve.
- All supplied records reconcile and the decision uses the named case rules.
- Calculations show units, intermediate values and a second check.
- Changed-input practice revises the affected result and identifies uncertainty.
- The final project combines six lesson records, separates fictional assumptions from current rules, and states a supported next step.
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The idea in everyday life
This is an original fictional practice case. No account, payment, personal record or outside participation is required. Same need $6,000: A delivers $6,000, 24×$280 payments, $0 separate fee. B delivers $6,000, 36×$200 payments and $150 separate upfront fee.
Normalize funding received, complete payments, fees and term before comparing business borrowing options.
Compare business loan terms and proceeds — worked practice
Normalize funding received, complete payments, fees and term before comparing business borrowing options.
Use paper or a local table; label all amounts as fictional USD unless the case names another unit. Same need $6,000: A delivers $6,000, 24×$280 payments, $0 separate fee. B delivers $6,000, 36×$200 payments and $150 separate upfront fee.
Complete business-loan cash flows
Paste at A1.
| AOffer | BDelivered USD | CPayment count | DPayment USD | ESeparate upfront fee USD |
|---|---|---|---|---|
| A | 6000 | 24 | 280 | 0 |
| B | 6000 | 36 | 200 | 150 |
Copy as plain text
1. Step 1: Confirm delivered loan amounts match
Confirm delivered loan amounts match.
You should see: Both deliver $6,000; B fee is an extra outlay here.
Normalize funding received, complete payments, fees and term before comparing business borrowing options.
2. Step 2: Compute complete payment totals
Compute complete payment totals.
You should see: A $6,720; B $7,350 including the fee.
Keep this intermediate result so the final decision can be checked.
3. Step 3: Compute financing cost above delivered funds
Compute financing cost above delivered funds.
You should see: A $720; B $1,350.
Keep this intermediate result so the final decision can be checked.
4. Step 4: Compare cost and payment capacity
Compare cost and payment capacity.
You should see: B lowers monthly payment $80 but costs $630 more; exact APR/security/variable terms still need disclosure review.
Keep this intermediate result so the final decision can be checked.
What to finish
A business-loan term/proceeds/cost scorecard.
Watch for this
Using the smallest periodic payment as proof of the cheapest financing.
How can I tell I understand it?
Compare complete business financing outflows against equal delivered proceeds on the supplied changed case while preserving the stated rule and checking the final record.
Quick knowledge check
Answer all 3 questions. Get at least 2 right and the lesson completes automatically.
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Answer all 3 questions above and get at least 2 right. You can review the explanations and try again.
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Sources and further reading
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Source & access notes · checked 2026-10-01
Official page opened/read during Money expansion authoring; checked the relevant concept and access state. These sources do not establish funding eligibility.
Access: Readable official webpage inspected with the web reader on 2026-10-01. No interactive-tool operation is claimed.
Reuse: Original fictional practice, questions and calculations; paraphrased concepts with a source link. No source exercise copied.
Source & access notes · checked 2026-10-01
Official page opened/read during Money expansion authoring; checked the relevant concept and access state. These sources do not establish funding eligibility.
Access: Readable official webpage inspected with the web reader on 2026-10-01. No interactive-tool operation is claimed.
Reuse: Original fictional practice, questions and calculations; paraphrased concepts with a source link. No source exercise copied.
Source & access notes · checked 2026-10-01
Official page opened/read during Money expansion authoring; checked the relevant concept and access state. These sources do not establish funding eligibility.
Access: Readable official webpage inspected with the web reader on 2026-10-01. No interactive-tool operation is claimed.
Reuse: Original fictional practice, questions and calculations; paraphrased concepts with a source link. No source exercise copied.
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