Merchant Cash Advance Calculator
If you're a small business owner in need of quick cash, a merchant cash advance (MCA) may be a good option. With an MCA, you can receive funding based on your future sales, and then repay the loan with a percentage of your credit card sales.
If you're considering an MCA, it's important to understand how much it will cost you. While committing your future sales may be a helpful way to get funding quickly, it also impacts your free cash flow.
Our Merchant Cash Advance Calculator can help you estimate the cost of an MCA so you can make an informed decision. Then, apply for a merchant cash advance in just a few minutes with Advancepoint Capital.
How to Use the Merchant Cash Advance Calculator
Since your payments will be a function of your credit card sales, the amount you pay each period will fluctuate. Your advance isn't a loan and doesn't have an interest rate. Instead, you'll make payments until the advance is paid off, plus a merchant cash advance factor rate. So, you can use a merchant cash advance loan calculator with the following input.
Input The Funding Needed
The first thing you'll need to input into the merchant cash advance calculator is the funding you need. This is the total amount of money you seek from a merchant cash advance provider.
Add Estimated Factor Rate
Instead of an interest rate, you'll pay a factor of your advance (plus any merchant cash advance fees from the lender). The factor rate is a multiplier that's applied to your funding amount to determine the total cost of your advance. Factor rates usually fall between 1.1 and 1.5.
Add Estimated Term
The length is the time you have to repay your merchant cash advance. Most terms last between 3 and 24 months, although some providers may offer longer terms.
Input Payment Period
The payment period is the frequency you'll make payments on your advance. The most common options are daily or weekly, although some providers may offer bi-weekly or monthly payments.
Getting a Cash Advance Fast with Advancepoint Capital
At Advancepoint Capital, we understand that when you need funding, you need it fast. That's why we offer cash advances with funding as soon as the next business day.* Plus, our application process is quick and easy, so you can get funding faster.
If you're ready to apply for a merchant cash advance, we're here to help. Fill out our online application today, and one of our funding specialists will contact you.
The Advancepoint Capital Advantage: How We Help You Finance Your Business
We're not a bank, we're a business funding company. That means we're focused on finding the best financing solution for your business, not selling you a product.
We offer merchant cash advances, business loans, and lines of credit, and we'll work with you to find the best option for your needs. Plus, we have a team of in-house funding specialists who will guide you through the process. Numerous merchant cash advance companies in our network specialize in small business financing and business cash advance services.
If you're not sure which financing option is right for your business, we can help. We offer free consultations to discuss your needs and find the best solution for your business.
Tons of Options to Choose From
At Advancepoint Capital, we offer a wide range of funding products to meet the specific needs of your business. Whether you're looking for a merchant cash advance, term loan, or line of credit, we have you covered.
We can connect you with all of the traditional business loan products you'll find at the big banks, but with a much deeper pool of lenders, so comparing cash advance offers is easier than ever. But if a traditional loan option isn't right for your business, we also offer several alternative financing products, like merchant cash advances and purchase order financing.
No matter your funding needs, we can help you find the right solution. Contact us today to learn more about our funding products and how we can help you grow your business.
Experienced Lending Professionals
When you partner with Advancepoint Capital, you get more than just access to funding. You also get a team of experienced professionals dedicated to finding the best financing solution for your business.
Our in-house funding specialists have years of experience in the lending industry and are experts at matching businesses with the right type of financing. We'll work with you to understand your needs and find the best solution for your business.
And because we're not a bank, we're not tied to any one merchant cash advance lender. That means we can offer unbiased advice and connect you with the best possible financing solution for your business.
Superior Terms & Rates
At Advancepoint Capital, we're dedicated to helping you find the best financing solution for your business. That's why we offer superior terms and rates on all of our funding products.
We have a deep understanding of the lending industry, and we use that knowledge to negotiate the best possible terms and rates for our clients. We'll work with you to find the best possible financing solution for your business.
Contact us today to learn more about our funding products and how we can help you finance your business.
Imperfect Credit? Not a Problem!
At Advancepoint Capital, we understand that not all businesses have perfect credit. That's why we offer funding options for businesses with less-than-perfect credit.
We work with some alternative lenders willing to work with businesses with imperfect credit. We'll connect you with the right lender and help you get the funding you need regardless of your credit situation.*