Starting a Pet Business: Loan Payment Calculator

First Financial Bank
May 3, 2022
Are you looking to start a pet business? If you are, a small business loan may need to be part of your plans. And being able to estimate your loan payments can help you get ready for your next steps.

Always dreamed of owning your own business? One that focuses on providing cool products or services for pets? Whether you are considering manufacturing pet toys, selling pet food, providing grooming, doggy daycare or boarding, you need a solid business plan. Having that plan is one of the first steps in turning that dream into a reality.

One reality that most entrepreneurs face is that they will need the help of a lending partner to help fund that dream. As you build your business plan, you will have to calculate a budget for paying your expenses and payroll – plus include what the payments might be for repaying your small business loan.

Check out this easy-to-use calculator below to give you some ideas about how to estimate as you plan – and help you get ready to meet with a lender.

Looking for more tips on preparing for acquiring a loan? Check out this article from Schwanda Flowers, PharmD, Managing Director, Professional Services Division here at First Financial Bank. Want to chat about your plans? Let’s talk!

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