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Can the business pay for its own loan?

Coverage is the question that decides whether a deal happens, and the one most tools answer badly. Every figure here names its basis.

Prime 6.75% · as of 1 Aug 2026 · Federal Reserve H.15, August 2026 · set by Revanu

01 — Cash flow
Annual cash flow$310,000
Basis
EBITDA is after management pay, which is the figure a lender tests.
02 — What it has to cover
Annual debt service$131,938
Work it out in the SBA calculator →
What you need to drawNothing
Lenders test coverage before your salary. You live on what is after it.
Working capital held backNone
03 — The test
Coverage threshold1.25×
1.25× is a widely used lender convention, not a Revanu figure. Confirm what your lender applies.
Coverage · EBITDA
2.35×Clears

Covers the payments with $145K a year to spare above the 1.25× test.

Threshold 1.25×
Before your draw
2.35×
What a lender tests
After draw and reserve
2.35×
What you actually live with
Needed to clear
$165K
Debt service × 1.25
Where the cash flow goes
Debt service$132KWhat is left$178K
Headroom

This cash flow supports up to $248,000 of annual debt service at 1.25× — roughly a $1.58M loan over ten years. You are $116K a year under that ceiling.

What the ratio means

Coverage is the business’s annual cash flow divided by what it owes on debt that year. At exactly 1.00× every dollar earned goes to the loan and nothing is left for a bad month. Lenders want a cushion — commonly 1.25× — because the alternative is a business that fails on its first slow quarter. Below the threshold is a statement about how the deal is put together, not about whether the business is any good.

Read on EBITDA. Coverage on SDE and on EBITDA are different numbers for the same business. Benchmarks, not offers, appraisals, or advice. Every result here shows the arithmetic that produced it so you can argue with it. Rates and fees vary by lender and by borrower.