How to Calculate Your fixed payment business cash advance?

A fixed payment business cash advance provides a business with a great way to obtain a quick capital that is based on the current state of the businesses revenue. With this funding type the lender estimates future revenue based on the present snapshot in time and then sets fixed payments over a set period of time. 

The fee based interest you owe is front-loaded, so the majority of your initial payments goes toward interest + fees at the start of your term. With each additional payment, a higher percent of the payment is used to pay off the principal balance.

Before applying for a fixed payment business cash advance, utilize the Lendzero fixed payment business cash advance calculator to see your monthly payments. Insert the information below:

• Advance amount: Maximum amount can be as much as $750K
• Factor rate: These rates vary by the term, amount advanced and other factors
• Repayment term: Fixed payment business cash advances can vary from 3months to 24 months, can be paid daily or weekly