Calculator
Merchant Cash Advance Calculator
Work out what an advance actually costs before you apply. Most lenders in this category will not put a number on a page — the arithmetic is not complicated, and you are entitled to see it first.
See what a payment looks like before you apply.
Most lenders will not put a number on a page. The arithmetic is not complicated, and you are entitled to see it before you hand over a phone number rather than after.
The number worth comparing between offers is the total dollar repayment, not the factor rate and not the daily payment. Two offers at the same rate over different terms cost you the same in total but very different amounts per week.
How the numbers work.
- What is a factor rate?
- A factor rate is a multiplier, not an interest rate. At 1.30 you repay 1.3 times what you receive — $50,000 advanced means $65,000 repaid in total. Unlike interest it does not accrue over time, so repaying early does not reduce what you owe.
- How is a factor rate different from APR?
- APR expresses cost as an annual percentage and falls if you repay early. A factor rate is fixed at the outset and does not. Because advances are repaid over months rather than years, the equivalent APR is usually much higher than the factor rate makes it look — which is exactly why the total dollar figure is the number worth comparing.
- What factor rate should I expect?
- Commonly between 1.1 and 1.5. Stronger revenue, longer trading history and consistent deposits push it toward the lower end. Anyone quoting you a rate before seeing bank statements is guessing.
- Is the calculator an offer?
- No. It is arithmetic on an illustrative factor rate so you can see the shape of the cost. Real pricing comes from a lender after they read your file.