Effective APR Calculator
Factor rates obscure the real cost of a merchant cash advance. Enter your funded amount, total payback, and term length to see the annualized rate.
$
$
Or enter factor rate × funded amount. A 1.45 factor on $100K = $145K payback.
days
Effective APR
91.2%
Aggressive MCA range
Factor rate
1.45
Total cost
$45,000
Daily debit
$806
How this compares
SBA
10%
Bank LOC
25%
Biz CC
45%
Standard MCA
80%
High-rate MCA
130%
Your MCA
91%
Effective APR is a simple-interest annualization based on (factor rate minus 1) times (365 / term). Real-world MCA cost is typically higher than this number once stacking, prepayment penalties, and reconciliation rules are included. For a closer look, run the stacked MCA calculator next.