Use our Business Cash Advance (Variable Payment) calculator to estimate the daily payment for a cash advance.
For example, Tom’s Bakery wants a $150K cash advance for new equipment. Tom applies for an MCA and receives approval for the $150K amount with a 17% holdback and $63K in monthly credit/debit sales.
By entering Tom’s $150K advance amount, 17% holdback and $63K in monthly credit/debit sales into the Business Cash Advance (Variable Payment) calculator, we can see Tom’s estimated daily payment would be$510.
