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The Canada Emergency Business Account (CEBA) is an initiative of the Government of Canada.  The official Government website is

CEBA Loan Repayment Calculator

This handy calculator lets you compare CEBA repayment strategies, helping you figure out what could work best for you. Most of the time refinancing your CEBA loan makes the most sense.  Compare the best lenders in Canada to get the financing that works for you.

We do suggest you have a chat with your bank or credit union. They know your circumstances well and can provide you with some tailored advice.

STEP 1 Enter the amount of CEBA received, how much you have paid to date, and when you want to start repaying the loan


Select the business risk:

Low = I usually qualify for bank financing. 

Med = I usually qualify for alternative lender financing.  

High = I rarely qualify for financing from any lender

STEP 3 Select the first repayment option and then the second repayment option to compare them



Refinance your CEBA loan to take advantage of the $10k to $20k government forgiveness

This financial analysis is provided as a general guide only and should not be relied upon as sole basis for investment or financial decisions. It is based on data and assumptions believed to be accurate at the time of analysis but they may not apply to your specific situation. No warranty is made regarding the accuracy or completeness of the information. Market conditions and economic factors can change rapidly and without notice, which can impact the analysis outcomes. You are advised to consult with a qualified financial advisor before making any investment decisions. This analysis does not constitute financial advice, nor does it take into account your personal circumstances, financial situation or needs.


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