What a split-funding advance really takes.
Many advances do not take a flat daily amount. They take a fixed percent of your card sales, called a holdback or split. Enter your numbers to see your real daily remittance, an estimated term, and the true cost. An advance is not a loan, so the figures below are estimates for comparison, not a contractual APR.
Estimated daily remittance
$0per business day
That is about $0 a month leaving your account at this sales pace.
Estimated term
months, because it floats with sales
Total payback
Purchased amount, advance times factor.
Total cost (the fee)
Fixed by the factor. It does not change with pace.
Cost as an APR-equivalent
Simple, what brokers quote
It understates the real cost.
True APR-equivalent
About 0x the simple number.
APR-equivalent (estimate for comparison only, not a contractual APR).
Because it is a percent of sales
A slow stretch stretches the term out. A busy season clears it sooner. The total cost stays the same either way, it is locked in by the factor.
Slow stretch
$0/day
Daily$0
Est. term0 mo
APR-equiv.0%
Your pace now
$0/day
Daily$0
Est. term0 mo
APR-equiv.0%
Busy season
$0/day
Daily$0
Est. term0 mo
APR-equiv.0%
Read it this way: the slower your sales, the longer you pay. A busy season finishes the advance faster, which packs the same fixed fee into fewer days and pushes the APR-equivalent up. The dollars of cost never move, only the time and the annualized rate do.
This is an estimate based on the numbers you entered, not an offer of credit or a commitment to fund.
Estimates only. Actual terms vary by underwriting. No credit pull to start.
Carrying more than one advance? See your combined daily drain and whether consolidation can lower it with the Stacked Advance & Consolidation Calculator.
Open the stacked calculator→No pressure
Nothing to decide today. When you want a real number for your business, it is a two-minute review with no credit pull.
If the daily drain looks heavy
That is an expensive way to borrow, and that is fine if speed is what you need. If the daily holdback is choking the business, a line of credit or a longer structure may cost less. See your options, no credit pull to start.
Holdbacks and splits, explained
It is the fixed percent of your daily card sales the funder collects until the purchased amount is paid off. If your holdback is 12 percent and you run $3,000 in card sales, about $360 is remitted that day. On slow days less is taken, on busy days more.
No. Because the remittance floats with your sales, the term is an estimate, not a fixed schedule. Slow sales stretch it out and a busy season shortens it. The total cost is still fixed by the factor rate.
The fee is fixed by the factor, but the APR-equivalent is annualized. When sales are fast the same fixed cost is paid over fewer days, so the annualized figure rises. When sales are slow it is spread over more days and the figure falls. It is an estimate for comparison, not a contractual APR.
No. The cost of capital is set by the factor rate the day you sign. Slow sales do not lower the total, they only mean you carry the obligation longer. A fixed daily amount stretched over more weeks is still the same fee.
We take your purchased amount and divide by your daily remittance, which is your average card sales times the holdback percent. That gives the number of business days, which we convert to an estimated number of months.
No. It is an estimate based on the numbers you enter. Actual terms vary by underwriting, and there is no credit pull to start.