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Business Loan Eligibility Checklist
Compares four business metrics with user-entered minimums and reports the share of listed criteria met; it is not underwriting or approval.
Limitation: Educational checklist only, not lending advice, underwriting, a credit decision, or an approval, denial, offer, rate, or guarantee.
How to Use the Loan Checklist
Enter figures from reliable financial records and thresholds from a specific lender or your planning scenario.
Choose a reporting currency.
Use current records
Definitions of revenue, NOI, debt service, and score can differ by lender; confirm the lender's requirements directly.
What the Checklist Result Means
The result is the share of four supplied thresholds met, each weighted equally. A 100% match means only that all four entered comparisons passed; it does not mean a lender will approve an application.
Loan Checklist Examples
All four criteria pass
Business metrics and minimums
Criteria match percentage
Years, revenue, 1.50 DSCR, and credit score each meet their entered minimum.
One criterion passes
Business metrics and minimums
Criteria match percentage
Only annual revenue passes; DSCR, years, and score do not.
Do not self-underwrite
Use this for preparation, then confirm documentation and criteria with the lender or a qualified adviser.
Frequently Asked Questions
Still have questions about this calculation?
Try the CalculatorBusiness Loan Checklist Formula
The calculator does not score risk or predict lending outcomes.
Formula
DSCR
annual NOI ÷ annual debt service
Match percentage
criteria met ÷ 4 × 100
Scientific Background
The model implements explicit threshold comparisons only. Consumer financial disclosures and lender policies may require far more information than this worksheet collects.
Sources & review
Business Loan Eligibility Checklist Calculator documents the references behind its formulas and assumptions. Always treat results as educational estimates, not personalized professional advice.
Last reviewed
August 2, 2026
Consumer financial tools
Consumer Financial Protection Bureau (CFPB)
https://www.consumerfinance.gov/consumer-tools/credit-reports-and-scores/Consumer financial tools
Consumer Financial Protection Bureau (CFPB)
https://www.consumerfinance.gov/consumer-tools/educator-tools/your-money-your-goals/Reference
sba.gov
https://www.sba.gov/funding-programs/loansFree Calculator Hub methodology
Free Calculator Hub
/methodology
See our methodology and corrections policy.