No prepayment penalty. Ever.

Pay for the time you use it. Not a day more.Merchant cash advance early payoff: the cost for the months you didn't use comes off.

Q: Can I pay off a merchant cash advance early?

With most cash advances you owe the full cost even if you pay early. With Factor Forgiveness, the cost for the remaining time comes off, following the early payoff schedule in your agreement.

Q: Is a merchant cash advance a loan?

No. It is a purchase of a portion of your future receivables.

Apply in one sentence

I run a and I need . I'll probably pay it back in about . My name is , the business is , text me at or email .

$11,250

is what you'd keep by paying off in month 4 instead of month 10.Example: total cost of 25% over 10 months. Your numbers follow your grade and the early payoff schedule in your agreement.

I agree to be contacted about my application by phone, text and email, including at the number above. [Final consent wording pending counsel.]

Received. An underwriter is reading it now, so keep your phone close.

Chapter I

Most advances charge you for time you never used.

Paid back in two months? Most funders still collect the full ten months of cost. Drag the handle below and watch the difference.

Factor Forgiveness

Pay for the time you use.

Capital received: $100,000
Cost per month held: $2,500
Pay off in month 10: $125,000

You keep$0

A typical cash advance

Pay early. Still pay it all.

Capital received: $100,000
Early payoff discount: None
Pay off in month 10: $125,000

You keep$0

Pay off in month10

Chapter II

Written into your agreement. Before you sign.

The early payoff schedule is part of the paperwork, so the discount is a promise, not a favor you have to ask for later.

Paid off in0 to 30 daysMost of the cost comes off

Paid off in31 to 60A large share comes off

Paid off in61 to 90A good share comes off

Paid off in91 to 120Some comes off

Paid off in121 to 150A little comes off

[Schedule brackets and amounts pending confirmation.]

The best months are the ones you don't have to pay for.The idea behind Factor Forgiveness

Chapter III

Questions, answered plainly.

Can I pay off a merchant cash advance early?

With most advances you owe the full cost even if you pay early. With Factor Forgiveness, the cost for the remaining time comes off, following the schedule in your agreement.

Is there a prepayment penalty?

No.

Is this a discount on interest?

There is no interest. A cash advance has a factor, which is the cost of the capital. Factor Forgiveness reduces that factor when you pay early.

How much comes off?

It follows the early payoff schedule written into your agreement, so you know the number before you sign.

Is a merchant cash advance a loan?

No. It's a purchase of a portion of your future receivables.

Do you shop my application to brokers?

No. We fund directly. Your file isn't sent around.

Write my sentence