Free MCA Tool

MCA Refinance Calculator

Find out if refinancing your MCA into a new advance with better terms actually saves money.

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What Is the MCA Refinance Calculator?

MCA refinancing swaps your current advance for a new one with (hopefully) better terms -- lower factor rate, smaller holdback, or more time. This calculator compares your current daily payment and remaining cost against the new offer. Here's what most business owners miss: MCA contracts usually require full repayment of the purchased amount regardless of how much you've already paid. So "refinancing" means the new provider pays off your entire remaining obligation, then gives you a new advance. The net cash you actually receive is often a fraction of the new funded amount because the old payoff eats most of it. This calculator cuts through that confusion and tells you whether the refinance actually saves money.

How to Use This Calculator

1

Enter Current MCA Details

What you still owe on your current MCA, the original factor rate, and roughly how many days are left at your current payment pace.

2

Enter New MCA Offer Details

The factor rate and repayment term (in days) from the refinance offer you're considering.

3

Compare Daily and Total Cost

Look at the daily payment change and total cost difference. Make sure the savings are real after all costs -- not just a lower factor rate on paper.

4

Verify Payoff Terms

Call your current MCA provider and get the exact payoff amount in writing. Some let you pay the current balance; others demand the full purchased amount. This number changes everything.

Key Concepts

Full Payoff Requirement

Most MCAs make you pay the full purchased amount (funded x factor rate) no matter how far along you are. Refinancing on day 60 of a 180-day advance? You still owe the full cost. No proration.

Net Proceeds

The new MCA pays off the old one. What's left over is your net. Old payoff is $40K and new advance is $50K? You only see $10K in new capital. The rest just went to paying off the old deal.

Stacking vs. Refinancing

Stacking = two MCAs running at once, two holdbacks hitting your account daily. Refinancing = pay off the first, replace it with one new advance. Refinancing is almost always better unless you need capital beyond what the refinance provides.

Diminishing Returns

Every refinance layers on cost. Your first MCA had a 1.3 factor rate. The refinance at 1.25 sounds better, but it's applied to a bigger balance (old payoff + new capital). Always run the full math.

Expert Insights

Refinancing only works if the new MCA's total cost (on the payoff amount plus new capital) is actually less than finishing the current one. I've seen owners grab a "lower factor rate" and end up paying more because the payoff balance was bigger than they expected.

The sweet spot for refinancing: you're early in the current MCA (under 30% repaid), your factor rate is above 1.35, and the new offer is below 1.2 with a longer term. Outside those parameters, the savings are usually too thin to bother.

Don't refinance through the same broker who placed the original MCA. They earn commission on both deals and have zero incentive to find you the best terms. Get quotes from at least two other providers.

Frequently Asked Questions

Yes, and that's the best possible outcome. A bank term loan at 10-15% APR is dramatically cheaper than an MCA at 60-120% effective APR. The hard part is qualifying -- banks want stronger credit, more time in business, and more paperwork.
Yes. It works as a "payoff and fund" -- the new provider sends payoff directly to your current MCA company, then deposits the remaining proceeds to your account. Usually takes 2-5 business days.
The new provider may tack on origination fees or broker fees on top of the factor rate. Ask for every fee in writing: UCC filing, wire transfer, "due diligence" charges -- all of it.
There's no limit, but every refinance stacks cost on cost. Serial refinancing is a trap -- you end up paying factor rates on top of factor rates in an expensive cycle. After one refinance, focus on paying it off and building cash reserves. Don't refinance again.

This calculator provides estimates for educational purposes only. Actual results depend on your specific business financials, lender terms, and market conditions. Consult a qualified financial advisor before making major business financing decisions.

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