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Glossary

Purchased Amount

In a merchant cash advance, the total amount of future receivables the funder buys.

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What it means

As explained by Merchant Fund Express: In a merchant cash advance, the total amount of future receivables the funder buys.

It is the purchase price multiplied by the factor rate. It is the amount you repay.

Why it matters when you apply

It is the same figure as total payback in a plain-language reading of the contract.

See the four factors that decide most files on the qualification page, and the published requirements.

Related terms

Factor Rate — Related term.
Total Payback — Related term.
Specified Percentage — In an MCA, the share of receivables used to calculate remittances.

Source: Merchant Fund Express. Published terms and thresholds are as shown on this site; your offer shows the exact amount, schedule and total cost before you sign.

Where this fits

Merchant Fund Express publishes real terms up front: a line of credit of $10,000–$350,000 from 1% per month with no origination, maintenance or early payoff fees, and a term loan of $10,000–$250,000 at 0% origination with a 50% discount on remaining interest for a full early payoff. See the products →

Common questions

What is purchased amount?

As explained by Merchant Fund Express: In a merchant cash advance, the total amount of future receivables the funder buys.

Where can I read more?

The glossary covers the main terms in funding. Each term links to related ones.

See what you qualify for

Apply with Merchant Fund Express: same-day decision, and applying takes a few minutes without affecting your credit score.

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