Merchant Cash Advance Calculator
Work out exactly what a merchant cash advance costs before you talk to anyone, including us. Enter three numbers and the calculator shows your total repayment, the dollar cost of the capital, and a realistic estimate of how long repayment takes at your current sales level.
Total repayment
$62,500
Cost of capital
$12,500
Estimated repayment time
~10.4 months
Estimates only. Total repayment is fixed by the factor rate; repayment time varies with your actual sales because the holdback collects a percentage of revenue, not a fixed payment. This tool is not an offer of financing.
How to read your results
- Total repayment is the advance multiplied by the factor rate. This number is fixed the day you sign. It does not grow over time, which is the core difference between an advance and interest-bearing debt.
- Cost of capital is total repayment minus the advance: the actual dollars the funding costs you.
- Estimated repayment time is how long it takes to reach total repayment at your holdback rate and current monthly sales. It is an estimate; real repayment speeds up when sales are strong and slows when they are not. That flexibility is the point.
What the calculator will not tell you
Whether the advance is a good idea. That depends on what the capital does for your business. A $10,000 cost of capital that unlocks a $60,000 season is an easy yes; the same cost to cover an ongoing operating shortfall deserves a harder look, and an honest funder will say so. If you want that conversation before applying, contact us.
Typical numbers in the Canadian market
To sanity-check any offer you receive, from Magical Business or anyone else: Canadian MCA advances commonly run from around $5,000 to $500,000, factor rates typically fall between 1.1 and 1.5, and holdback rates usually sit between 5% and 20% of sales. If an offer sits far outside those ranges, ask why. At Magical Business we fund up to $300,000, with your exact factor rate and holdback set in underwriting and shown in writing before you sign.
Learn how the product works end to end on our Merchant Cash Advance Canada page, or apply now to get real numbers for your business rather than estimates.
FAQ
Is this calculator accurate? The arithmetic is exact; the repayment timeline is an estimate based on steady sales. Your actual offer depends on underwriting.
Does using the calculator affect my credit? No. Nothing here is an application and nothing is recorded.
What factor rate should I enter? If you have an offer in hand, use its rate. If not, 1.2 to 1.3 is a realistic midpoint for the Canadian market.
Numbers look workable? Apply in minutes.