Estimate the total payback, financing cost, and an illustrative daily payment for a merchant cash advance. Adjust the amount, factor rate, and payback term. Results are estimates, not an offer; the funding provider sets actual terms.
The interactive version loads with JavaScript. Figures are hypothetical illustrations, not an offer.
Total payback is the amount multiplied by the factor rate. Financing cost is total payback minus the amount. The daily estimate divides total payback by about 21 business days per month across the term you choose.
Multiply the advance amount by the factor rate. A $50,000 advance at a 1.30 factor rate means $65,000 in total payback, before any separate fees.
No. A factor rate sets a fixed total payback. It does not account for how quickly the money is repaid, so it is not comparable to an annual interest rate.
No. It is an illustration using an assumed number of business days. The provider's agreement sets the actual payment amount, frequency, and collection method.