Calculator
Decode a merchant cash advance offer
Turn an advance, a factor rate and a term into total payback, dollar cost, payment and an estimated APR.
Page 1 · The offer
$
mo
Payments
%
Origination or underwriting fee
$
Wire, UCC or admin fees
Page 2 · What it costs
- You receiveafter fees$50,000
- Total payback$67,500
- Cost of funds35¢ per $1 advanced$17,500
- Payment168 business-day debits$401.79
- Outflow per month$8,437.50
Estimated APRAnnualized, for comparison94.6%
| Month | Paid that month | Paid so far | Left |
|---|
Estimates for comparison only, using 21 business days a month and 52 weeks a year. Your contract's disclosures govern. Nothing you enter here is saved or sent.
How this calculator works
Payback is the advance times the factor rate. Everything else follows from how fast you pay it.
- Total payback = advance × factor rate. A $50,000 advance at 1.35 buys $67,500 of your future receipts.
- Cost of funds = payback − advance + fees. Fees taken from the advance cost you twice: you pay them and you receive less.
- Payment = payback ÷ number of debits. Daily debits count business days, 21 a month.
- Estimated APR is the annual rate that makes your debits worth exactly what you received after fees. It rises as the term shortens, even when the factor rate stays the same.
Fixed debits vs a true holdback. A true merchant cash advance should let payments fall when sales fall, through reconciliation. If your offer uses a percentage of card sales, use the holdback calculator instead.
One application, many funders
Want real offers to run through this?
Apply once. We bring back offers from funders that fit and decode every one: total payback, dollar cost, payment and estimated APR.
- About 3 minutes. No SSN and no bank login to start, so checking doesn't affect your credit.
- 4 months of bank statements. A specialist contacts you within 1 business day and asks for them through a secure link.
- You approve every funder before your file goes out. No cost to apply, and no obligation to accept.