See the real cost of your advance.
Brokers quote the simple number. Enter your offer and see the true APR-equivalent, the total cost, and the red flags, side by side. This is an estimate, not an offer.
Your offer
Add this to check whether the remittance is tight against your sales.
Your funder will not show you this: the true APR-equivalent is 71.3%, about 1.78x the simple 40.0% number.
Because you repay the whole time, the real annualized cost runs well above the simple figure.
APR-equivalent (estimate for comparison only, not a contractual APR).
Total payback
What you repay over the life of the advance.
Total cost (the fee)
Payback minus what you received. Locked in the day you sign.
Cents on the dollar
Cost per $1 advanced.
Payment
per business day.
Est. payoff
about 252 payments.
True APR-equivalent
Estimate for comparison only, not a contractual APR.
You owe less every day
Red flags
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.
Offers to compare
Add up to four offers. Each can use a factor rate or a total payback, and a term or a fixed payment.
Simple APR, true APR, and effective APY are each an APR-equivalent (an estimate for comparison only, not a contractual APR).
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.
Early payoff
From your decoded offer, or enter your own fixed remittance.
How many remittances you have made when you pay the rest off.
Only if your agreement states one in writing. Most do not.
APR-equivalent (estimate for comparison only, not a contractual APR).
Remaining payback
What is still owed at the payoff point.
Lump to pay off
The remaining balance, after any written discount.
Total paid
Payments made plus the lump.
Dollars saved
About nothing without a written prepay discount.
Effective APR-equivalent
Same dollars in fewer days raises the rate.
Red flags
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.
Keep reading
The products and guides behind these numbers.
Questions
Straight answers about cost, factor rates, and the APR-equivalent.
Multiply the advance by the factor rate. A $40,000 advance at 1.30 means $52,000 of receivables purchased, a $12,000 cost of capital.
It is structured as a purchase of future receivables, not a loan, so it is priced with a flat factor rate. You can still estimate an APR-equivalent to compare it against loan products.
It is the annualized cost of the actual payment stream, shown only so you can compare an advance to a loan or line of credit. It is an estimate for comparison, not a contractual APR.
Because you repay the whole time, your average balance is far below the advance, so the real annualized cost runs well above the simple figure, often more than 1.5 times higher.
Usually not on its own. The total is fixed by the factor rate. Some funders offer an early-payoff discount, so always ask before you sign.
No. It is an estimate based on the numbers you enter. Actual terms vary by underwriting, and there is no credit pull to start.