Advances are quoted as a factor, not a rate, and the two are not comparable. Enter the offer and see total dollars repaid, the daily or weekly remittance, and the annualized cost so you can compare it against a loan.
Cost of capital: $35,000 on $100,000 funded
Get real numbers on your fileFour minutes · Soft review · No obligation
A factor rate multiplies the amount funded. A 1.35 factor on $100,000 means $135,000 repaid — the $35,000 does not shrink if you pay early unless the contract includes a prepayment discount in writing.
That is why an advance repaid in six months is roughly twice as expensive, annualized, as the same factor repaid over twelve. The shorter the term, the higher the true cost, which is the opposite of how people instinctively read it.
Use the annualized figure only for comparison against loan pricing. It is not an APR disclosure, and advances are not loans — but it is the only way to see whether the fast money is worth the premium.
A four-minute application, a soft review, and zero impact on your credit score. Travis reads every submission personally and calls back with real options — usually the same business day.
Talk to Travis directly612-927-2055Soft review · No obligation · No impact on your credit score
