Independent since 2015
Free MCA and small business financing calculators
Run your own numbers before you sign anything. Every tool is free, needs no email and runs in your browser, so nothing you type is sent to us. Start with the factor rate converter below, or pick the tool that fits your question.
MCA payback date calculator
The exact date of your last payment, counting business days and bank holidays, plus the estimated APR.
MCA stacking calculator
Add up several advances to see the combined payment, the share of your deposits it takes and when each one clears.
MCA vs loan calculator
The same amount as a merchant cash advance, a term loan and a line of credit: total cost, payment and APR with fees.
NY MCA offer checker
Check whether an offer includes every disclosure New York’s commercial finance disclosure law requires.
Factor rate to APR converter
Turn a factor rate and term into a true annual rate and compare it with a term loan. It is right below.
Request financing options
One short form, reviewed by a funding partner. No credit check from us, no fee, no obligation.
Assumes remittance every business day across the stated term, the standard
merchant cash advance structure. APR solved by internal rate of return, then
annualized over 260 business days.
Estimate only, based on the numbers you enter; your actual cost depends on your contract. Not an offer of financing. Full methodology and worked examples
A factor rate is not an interest rate
A 1.40 factor rate on a nine month repayment schedule sounds like it costs 40 percent. It does not. The full amount is collected in nine months through daily debits, so the annualized cost is about 95 percent APR. The calculator above does that conversion, then compares the advance with a 12 percent term loan for the same amount so you can see the gap in dollars: $20,000 against $2,533 at the default settings.
Treat the result as an estimate. Your agreement’s payment frequency, holdback and reconciliation terms will move the real number, so use the calculator to sanity check an offer and then read the agreement.
The rest of the financing desk
How a merchant cash advance works
Factor rates, holdback percentages, daily remittance, and why an advance is legally not a loan.
Merchant cash advances, explained
Who an advance suits, and the cheaper options to check first.
Getting out of an advance
Reconciliation first, then renegotiation, then a consolidation loan.