Components of the fixed payment Business Cash Advance Calculator

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Components of the fixed payment Business Cash Advance Calculator

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Components of the fixed payment Business Cash Advance Calculator

The fixed payment business cash advance calculator will estimate the amount you’ll need to repay each month in both interest/fee and principal. 

To be clear, definitions are below.

  • Advance amount: Total amount funded to you by the lender
  • Factor rate: Fee that is charged to you by the lender for each dollar funded to you. Factors rates are expressed as CoD or cents on the dollar.
  • Repayment term: Amount of time the debt will be outstanding

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