Business Loan or Line of Credit? Calculator

When it comes to extra funding, businesses have two good options.

See which repayment plan works best for your business needs.

It's often a question of stable payments versus flexible terms. Businesses of all sorts need infusions of capital to meet growth goals, cover unexpected expenses and make purchases. While established businesses might prefer a lump sum with predictable payments, smaller companies and those with uncertain revenue streams may benefit from a line of credit's flexible terms. This calculator compares the two loan types, with the focus on monthly payments and total interest charges.

Boost Checking

So long old school, hello dividends. Start moving forward, start moving up.

Our boost gives your balance a nice big lift. Multiple choice: A) You can have a checking account that’s designed for spending only. B) Or you can have this multi-tasking moneymaker that earns dividends at a competitive interest rate, as well. The answer seems obvious - especially when you roll in the added convenience of Digital Wallets, Mobile Check Deposit, and Digital Banking.

Andrews Federal members received over $12 Million in direct member benefits through lower fees, lower loan rates and higher deposit yields.