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MCA Factor Rate Explained

A merchant cash advance factor rate is a multiplier applied to the advance amount to determine total repayment, not an annual interest rate. No more, no less. Quordx Capital can walk you through multiple MCA offers with different factor rates so you can compare total cost before signing anything.

Last updated · Reviewed by Cody Dreis

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Cody Dreis, Founder, Quordx Capital

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Cody Dreis

Founder, Quordx Capital

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Quordx Capital is a business funding broker, not a lender. Lenders make every credit decision and set the rate, fees and terms, and not every business qualifies. Quordx may be paid by a lender when a deal funds. Full disclosures