Merchant Cash Advance Calculator

How To Use The Merchant Cash Advance Calculator

Due to the unusual method of determining fees and collecting repayment for MCAs, many merchants find it difficult to determine whether they’re getting a good deal on a cash advance. If you’re in that boat, we have designed this calculator to give you all the data you need to make an informed decision.

This calculator can be used to determine the approximate dollar amount of daily repayment and the number of days it will take to repay the advance. It can also provide information about the loan as a whole, including the effective APR, the financing cost, the total repayment, and the cents on the dollar cost.

Use this calculator to determine the cost of a Merchant Cash Advance and the effective APR.

Be sure to include all Fees associated with the MCA transaction to get true APR using the MCA Calculator below.

​

By definition, a Merchant Cash Advance is a purchase of Future Receivables at a discount. The Buyer is the Funding company and the Seller is the Merchant. The funding company advances the buyer funds at closing which is to be paid back over time via daily, weekly or bi-monthly payments.

A business owner in need of quick access to capital may be wondering if a Merchant Cash Advance (MCA) is right for your business. As opposed to a typical term loan, the approval process for an MCA(aka Working Capital or Revenue Based financing) is short, can be done online and the credit requirements are minimal.