A factor rate is not an interest rate. Enter your quote and see the effective APR - computed from the actual repayment schedule, the way no MCA quote ever shows it.
Calculated on this page only. Nothing stored, nothing checked, nothing sent to anyone.
An MCA's fee is fixed the day you sign - repaying sooner does not reduce it, it just compresses the same cost into less time, which RAISES the effective annual rate.
Effective APR is the annualized internal rate of return on your actual cashflows, assuming 21 collection days per month and steady sales. Real sales vary, so your true rate will too - that flexibility is the one genuine advantage an MCA has, and it is the thing you are paying this premium for.
