Merchant Cash Advance Calculator
Daily Repayment Amount
$ 115.00
Holdback Amount:
$ 1.00
Total Repayment Amount:
$ 11600.00
Effective APR:
47.20 %
Merchant Cash Advance APR Calculator
This calculator provides an approximate APR based on a simple formula. For more accurate calculations, consider payment frequency and other factors.
Note: The APR is approximated using the formula:
Cost Rate = (Payback - Borrowed) / Borrowed
APR = (Cost Rate / Term) * 12 * 100
This is a simple annualization and may not reflect the true effective APR considering payment schedules.
Cost Rate = (Payback - Borrowed) / Borrowed
APR = (Cost Rate / Term) * 12 * 100
This is a simple annualization and may not reflect the true effective APR considering payment schedules.
