Only if the agreement includes an early-payoff discount. We apply an early payoff discount at 30, 60 and 90 days; many factor-rate funders apply none, so ask before you sign.
Check my optionsCost and offers
Only if the agreement includes an early-payoff discount. Many factor-rate agreements fix the total payback regardless of timing, so paying early saves nothing. Some agreements, including those offered through MFE, apply discounts at 30, 60 and 90 days.
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 human reads the file, not just an algorithm score.
Approved files are usually funded the next business day.
Existing balances of $100,000 or less can be bought out.
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.
On a loan with interest that accrues over time, paying early generally reduces interest owed, unless there is a prepayment penalty. A merchant cash advance works differently: the total purchased amount is set at signing by the factor rate. Without a discount provision, the remaining balance is simply the purchased amount minus what has been remitted.
An early-payoff or accelerated-delivery discount reduces the remaining balance if you pay in full within specified windows. For example, an agreement might reduce the remaining payback by a set amount if paid off within 30 days, a smaller amount within 60 days and a smaller amount within 90 days. The exact schedule varies by funder and must be in writing.
Ask specific questions before signing: Is there an early-payoff discount? What are the windows and amounts? Does the discount apply if the payoff comes from a renewal or a buyout by another funder? How do I request a payoff letter? Get the answers in the agreement or in writing.
Decide whether early payoff makes sense. If cash arrives sooner than expected, using it to pay off an advance within a discount window can lower total cost. But draining your reserve to do it can create a new cash gap. Compare the savings with the value of keeping a cushion.
If your current agreement has no discount, paying early still ends daily debits and frees future cash flow, which may be worth it for other reasons, such as qualifying for a better product.
MFE applies an early-payoff discount at 30, 60 and 90 days on its agreements; request the exact schedule in writing for your offer.
Here is how an early-payoff discount can change the total. Illustrative numbers.
| Amount funded | $150,000 |
| Factor rate | 1.35 |
| Total payback (amount × factor) | $202,500 |
| Fees deducted at funding (5%) | $7,500 |
| Net cash you receive | $142,500 |
| Weekly payment over 36 weeks | $5,625 |
| Same total as daily debits (~180 business days) | $1,125/day |
Illustrative numbers only. Your offer depends on your file; always compare net cash and total payback in writing.
| Interest-bearing loan | Early payoff usually reduces interest |
| Factor-rate advance, no discount | Total fixed regardless of timing |
| Advance with discount schedule | Lower remaining balance in windows |
| Typical windows | 30, 60, 90 days where offered |
| Decision | Savings vs. keeping a reserve |
Good fit:
Probably not yet:
Only if the agreement includes an early-payoff discount.
A reduction in the remaining balance if paid in full within set windows.
Yes, at 30, 60 and 90 days; request the exact schedule in writing.
Interest-bearing loans usually reduce interest when paid early, unless there is a penalty.
Only if the savings outweigh the value of keeping a cushion.
Request a written payoff letter from the funder.
Example uses for illustration only.
Before you apply:
One secure application. A soft credit pull to start. No obligation to accept an offer.
Apply for Funding