MCA calculator
Merchant Cash Advance Calculator*
Find out how much you might qualify for.
Get the financing you need and start growing.
Start growing into the future—qualify for up to $600,000 in financing.
*This calculator is for general information purposes only and assumes a preset factor rate. Inaccurate information will produce inaccurate results. Using this calculator does not guarantee you or your business a small business loan.
**Actual terms may vary.
***Some products are made available through Credibly’s network of external funding partners.
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Four simple steps to funding
Start with our MCA online calculator. Learn more about your financial options without hurting your credit score.
Pre-qualify online.
Hit “Get Started” to pre-qualify for a merchant cash advance.
Get the documents you need.
Receive approval in as little as 4 hours.
Get same-day funding.
What you need to know about our merchant cash advance calculator
How to use the merchant cash advance calculator
Fill in the blank fields
Enter the desired advance amount and specific percentage, remittance frequency, and factor rate. (See below for definitions of these terms.)
Enter your average daily debit/credit card sales
Estimate and input your average daily revenue from debit or credit card sales. This number will be used in both estimates for daily or weekly remittances.
Find out your estimated remittances
Check your estimated remittances based on the numbers you’ve entered, and the estimated number of remittances it will take to satisfy the account in full.
Please note that MCAs do not use interest rates but use factor rates (even outside of Credibly)
Cash advance calculator terms
Merchant cash advance: A type of financing option where a business receives capital up front in exchange for a portion of its future sales.
Advance amount: This is the amount the MCA provider pays you upfront in exchange for future debit or credit card sales.
Estimated daily or weekly remittance: This is the approximate amount you’ll pay each day or week
Estimated total remittance: This is the overall amount you’ll remit—it includes the initial advance and the added fees from the factor rate.
Specified percentage: This is the portion of your debit/credit card revenue from each transaction that is provided to the MCA provider, until the MCA provider receives the Amount sold.
When you apply for a merchant cash advance, the MCA provider may make a good-faith estimate of this percentage, which will give you the ability to reconcile/true-up the amount remitted against your monthly statement in order to get the true Specified Percentage.
Factor rate: This is the multiplier used to calculate your total cost of financing. This is represented as a decimal (ex. 1.33).
Fixed vs. variable remittances
If you’re considering a merchant cash advance, you need to know the difference between fixed vs. variable remittances.
Fixed remittances
Fixed remittances are consistent, predictable amounts you remit regularly, whether it’s daily or weekly.
This setup is straightforward and easy to plan around, but it doesn’t account for the natural ups and downs in your sales.
It can be fixed because the MCA provider makes a good-faith estimate on your average sales so that your remittances are predictable.
This also gives you the ability to reconcile/true-up the actual amount remitted against your monthly statement in order to get the true Specified Percentage.
Variable remittances
Variable remittances, on the other hand, fluctuate with your daily sales.
Instead of a fixed amount, you pay a percentage of your sales, known as the “holdback.” This means when your sales are high, you pay more, and when sales are low, you remit less.
What you can use a merchant cash advance for
An MCA can be a powerful tool for small businesses needing a financial boost to stay competitive.
Here’s when you might consider it:
- For quick upgrades: If your business needs a fast upgrade without stopping operations, an MCA can be a compelling option.
- When traditional loans aren’t an option: Not all small businesses qualify for bank loans—37% of businesses apply for loans, and if you don’t qualify, you have options. An MCA can be a viable alternative, offering quicker access to funds with fewer requirements.
- During seasonal slumps: If you’re like 75% of the retail businesses that rely on seasonal revenue, an MCA can bridge the gap during slower months.
Alternative to merchant cash advances*
Checked out our cash advance remittance calculator but interested in learning about our other options?
Working capital loans Get the cash you need to manage day-to-day operations or cover unexpected expenses.
Long-term business loans Ideal for significant investments, long-term business loans offer extended repayment terms and larger loan amounts.
Business line of credit Access funds as needed and only pay interest on what you use. Great for managing cash flow and unexpected expenses.
Equipment financing Spread the cost over time while accessing the latest technology to improve productivity.
Get in touch with our financing experts.
**This calculator is for general information purposes only. Inaccurate information will produce inaccurate results. Using this calculator does not guarantee you or your business a merchant cash advance.
**Additional fees may apply.