Merchant Cash Advance Payment Schedule
MCA Parameters
Example: 1.35 means you pay back 35% more than you borrowed
Payment Summary
Payment Schedule
| Payment | Date | Amount | Remaining Balance | % Paid |
|---|
No payment schedule to display. Please check your input parameters.
Payback Progress
Not calculated
Principal: $100,000.00 (Infinity%)
Cost of Capital: $0.00 (NaN%)
Daily (Monday–Friday)
Approximately 0 payments of $0.00 each
A Merchant Cash Advance (MCA) is not a loan but a purchase of future receivables. The payback is based on a fixed factor rate rather than an interest rate, so the total payback amount is known upfront.
Unlike traditional loans, MCAs typically involve more frequent payments (often daily or weekly) automatically deducted from your business bank account via ACH. The payment schedule shown here is an estimate and assumes consistent revenue throughout the term.
While MCAs provide fast access to capital with less stringent qualification requirements, they typically have a higher cost of capital compared to traditional loans. The effective APR shown is for comparison purposes only.