Origination or underwriting fees deducted upfront, ACH or wire fees, no early-payoff discount, and daily payments that cause overdrafts. Ask for net funding and total payback in writing.
Check my optionsCost and offers
The rate or factor on an offer is only part of what you pay. Origination fees, deductions from the funded amount, payment frequency, renewal practices and default fees can all change the true cost, sometimes substantially.
Amount to request
$85,000.00
Funding range$25K to $5M
*Sample amounts shown. Your actual offer depends on your business and is reviewed before approval.
A person reviews your revenue, time in business and bank activity, often within hours.
A human reads the file, not just an algorithm score.
Net cash, total payback and payment shown before you sign.
You can apply at 500; stronger credit opens more products.
Fast decisions. Applying takes about 5 minutes.
A short application. A soft credit pull to start.
We review revenue, time in business and bank activity, not just a credit score.
You see the amount, the schedule and the full repayment amount before you sign.
Funding in as little as 24 hours for qualified businesses.
Start with fees deducted at funding. Many products charge an origination, underwriting or administrative fee that is subtracted from the amount you receive. On a $50,000 approval with a 3% fee, you receive $48,500 but repay based on $50,000. Always compare offers on net cash received, not the approved amount, because that is the money you can actually use.
Next is payment frequency. A daily debit removes cash from your account every business day, which means you have less working capital on hand throughout the term than with a weekly or monthly payment of the same total. That has a real cost: you may need to borrow elsewhere or delay purchases. The effective cost of a short-term product is also higher when it is repaid quickly, because the fixed total is spread over less time.
Renewals can hide cost too. When a balance is renewed before it is paid off, the remaining balance is usually paid from the new advance, and you receive only the difference as new cash. If this happens repeatedly, you can end up paying cost on money you have already received. Calculate the net new cash on every renewal offer.
Finally, read the fees that only appear when things go wrong: returned payment (NSF) fees, default fees, collection costs and legal fees. Ask whether there are prepayment penalties or, conversely, early-payoff discounts at 30, 60 or 90 days, as some MFE agreements offer. A legitimate funder will explain all of these in writing. Several states now require standardized commercial financing disclosures that put many of these numbers on one page.
Here is an offer broken down to show fees and net cash. Illustrative numbers.
| Amount funded | $75,000 |
| Factor rate | 1.25 |
| Total payback (amount × factor) | $93,750 |
| Fees deducted at funding (5%) | $3,750 |
| Net cash you receive | $71,250 |
| Weekly payment over 52 weeks | $1,803 |
| Same total as daily debits (~260 business days) | $361/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Origination or admin fees | Reduce net cash received |
| Daily vs. weekly payments | Less working capital on hand |
| Renewal payoffs | New cash smaller than new balance |
| NSF and default fees | Apply when payments fail |
| Prepayment terms | Penalty or discount for early payoff |
Good fit:
Probably not yet:
Often fees deducted at funding, which reduce net cash while repayment is based on the full amount.
Yes, frequent payments reduce working capital and raise the effective cost when repaid fast.
The old balance is paid from the new advance, so new cash is less than the new obligation.
Fees charged when a scheduled payment is returned for insufficient funds.
Some agreements offer discounts at 30, 60 or 90 days; others do not reduce the total.
Several, including California and New York, require standardized disclosures for many commercial financing offers.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
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