Illustrative example, not an offer or a quote
What a business remits.
A merchant cash advance has a fixed cost, not a rate. The funder buys part of your future receipts for a purchase price, and you remit that price times a factor. The total is set before you sign and does not grow with time. Actual terms come only from the funder’s Revenue Purchase Agreement.
Fixed total to remit
$3,250
- You receive
- $2,500
- Fixed cost
- $750
- Example daily remittance
- $3710 percent of about $369 in daily receipts
- At that pace
- About 89 business daysSlower weeks take longer. The total does not change.
Illustrative example, not an offer or a quote. The factor, the share of receipts and the remittance method are examples only. This is not interest and is never expressed as an APR. Actual amounts, the fixed total and how remittances are collected (a share of receipts or fixed debits) come from the funder’s Revenue Purchase Agreement.
$100 to $5,000.
No fee to ask.
For businesses and self-employed owners. One short request, no fee, and checking your options does not affect your credit score.