Skip to content

See the cost in dollars

Choose an advance, a factor rate and how you repay. Every figure is an example. A funding partner's offer sets the real ones.

$50,000 at 1.30

$65,000

total payback. The cost of funds is $15,000.

Example only.

Try your own numbers

Between $5,000 and $1,000,000.

Illustrative range. Your offer sets the real factor rate.

How you repay

A fixed debit takes the same amount every business day or week.

Term
Payment schedule

The funding partner's charge for setting up the advance, taken out of the advance before you receive it. Each sets its own, so 2% is only an example.

Slow-day check

Optional. A check on your own numbers, not a credit decision.

Example figure. Use your quietest days, not the average.

Add up every daily debit. Leave it blank if there are none.

On a slow day

This payment ($344 a day) would take about 14% of a $2,500 day.

Total payback

$65,000

Daily payment

$344

Set when you sign. Paying faster does not lower it unless your funder offers an early-payoff discount.

Advance
$50,000
Factor rate
1.30
Cost of funds
$15,000
Number of payments
189 over 9 months
Origination fee (2%)
$1,000
Total cost, with the fee
$16,000
Net deposited
$49,000
Personal guarantee
Usually required. Read it before you sign.
Check your fit

Illustrative only. Real offers, fees and payment terms vary by funding partner. Approval is never guaranteed. A funding partner makes the final decision.

Assumptions behind these numbers
  • A month has 21 business days and a week has 5. A weekly payment is five business days of the daily payment, and the number of weekly payments is rounded.
  • Amounts are rounded to the nearest dollar for display.
  • The fee is an example. Funders set their own, and some take it out of the advance before you receive it.
  • With a holdback, the real term depends on your real sales. Slower days stretch it and busier days shorten it.
  • Total payback is fixed at signing. Paying faster does not lower it unless your funder offers an early-payoff discount.
  • No APR is shown. An advance is priced with a fixed factor rate, not an annual rate, so this calculator shows the cost in dollars.
  • Your real factor rate, fees, term and payments come from the funder's agreement, and that agreement controls.

What the factor rate does

$5,000

of cost for every 0.10 on the factor rate, on a $50,000 advance. Your offer sets the real factor rate.

$50,000 advance over 9 months, paid daily (illustrative)
Factor rateTotal paybackCost of fundsDaily payment
1.25$62,500$12,500$331
1.30$65,000$15,000$344
1.35$67,500$17,500$357
1.40$70,000$20,000$370
1.45$72,500$22,500$384
1.50$75,000$25,000$397
1.55$77,500$27,500$410
1.60$80,000$30,000$423

How the numbers work

Four steps, on a $50,000 advance

  1. Total payback is the advance times the factor rate. $50,000 × 1.30 = $65,000. It is fixed when you sign.
  2. Cost of funds is the total payback minus the advance: $65,000 minus $50,000 = $15,000.
  3. The payment is the total payback divided by the business days. 9 months × 21 business days = 189 days, and $65,000 ÷ 189 = $343.92, shown as $344. A weekly payment is five business days of that.
  4. Net deposited is the advance minus any fee. An example fee of 2% is $1,000, so $49,000 reaches your account.

Same payback, different terms

The total payback stays at $65,000. A longer term lowers the daily payment. It does not lower the total. A shorter term costs the same and takes a bigger share of a slow day.

$65,000 total payback over different terms (illustrative)
TermBusiness daysDaily paymentShare of a $2,500 day
3 months63$1,03241%
6 months126$51621%
9 months189$34414%
12 months252$25810%
15 months315$2068%
18 months378$1727%
24 months504$1295%

Holdback or fixed payments

Both examples use a $100,000 advance at a 1.30 factor rate, so the total payback is $130,000.

Fixed. The same amount every business day. Over 12 months that is $516 a day: 10% of a $5,000 busy day and 26% of a $2,000 slow day. The payment is predictable, and a slow day weighs more.

Holdback. A set share of each day's card sales. At 10%, a $5,000 day sends $500 and a $2,000 day sends $200. Paying $500 a day, the $130,000 takes about 260 business days, a little over 12 months. A slow stretch lengthens the term instead of raising the payment, so the term is only an estimate.

What this calculator does not do

  • It is not an offer and not an approval. A funding partner makes the final decision.
  • It does not show APR. An advance is priced with a fixed factor rate, not an annual rate, so the cost is shown in dollars.
  • It leaves out other funder fees and any early-payoff terms. Paying faster does not lower the total unless your funder offers an early-payoff discount.
  • It cannot see your sales, your bank statements or the advances you already have.
  • Your agreement controls. Read it, including any personal guarantee, before you sign.

Illustrative only. Real offers, fees and payment terms vary by funding partner.

See if you may be a fit

Answer a few questions about your business. If a funding partner may be a fit, we show the full cost in dollars before you decide.

Check your fit

Approval is never guaranteed. A funding partner makes the final decision.

See your options in dollars

Check your fit