What cover do lenders want?

Often 2–3× or more. Below ~1.5× a lender will look hard at affordability.

No — it's a free illustration. Your actual Creditcorp offer depends on an assessment of your company.

Interest cover calculator — Calculators

How to use it

Enter your figures above — the result updates instantly and nothing leaves your browser. Results are illustrative, not a quote or credit decision.

How to interpret the result

The result on its own is a snapshot, not a verdict. A comfortable multiple in a single period means less if it has been trending downward, or if it rests on one unusually strong period rather than a settled pattern of trading. Lenders assessing a limited company will usually want to see the ratio held over more than one period, alongside an understanding of why it moved.

A thin result is not automatically disqualifying, and a strong one is not automatically reassuring. Context matters: a company carrying seasonal revenue, a recent capital investment, or a one-off cost will read differently to a lender than a business with flat, predictable earnings. Treat the output as a prompt to ask why the number is what it is, not as the final word.

Limitations and good practice

This calculator works from the figures you enter and assumes operating profit and interest payable are both reasonably stable and correctly stated — it cannot judge the quality of the underlying accounts, adjust for one-off items, or reflect facilities not yet drawn. It is an illustration, not an assessment of your company, and does not replace management accounts or a lender's own review.

Good practice is to recalculate periodically rather than once, to keep the inputs consistent with figures a lender would actually see in your accounts, and to look at this measure alongside a related one — for example a loan affordability (debt service cover) check or, where lease and rent commitments are material, a fixed charge cover calculation — so no single ratio is read in isolation.