When it comes to comparing small business loans, it’s easy to get confused. If you try to compare loans from several lenders, it’s difficult to understand what you will actually pay and which one is the best deal. This is because there has not been a standardised way to assess the cost of a small business loan – until now. SMART Box™ is a simple tool for disclosing standardised pricing of small business loans. Let’s look at how SMART Box™ works and why it has been developed.