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True Cost of a BCA See the real cost.
See the total repayment, total cost of capital, and effective APR of a business cash advance across fast, typical, and slow payoff scenarios.
Last updated Reviewed by ICG Funding
Total cost
Total repayment$67,500
Total cost of capital$17,500
Effective APR at different payoff speeds
- Fast (4 months)210%
- Typical (8 months)105%
- Slow (14 months)60%
Why payoff speed matters
The total cost of a BCA is fixed at origination: factor × advance. It does not change if you pay it back faster. But the time-adjusted cost (effective APR) does, because you are paying the same dollar cost over a shorter window.
totalCost = (factor − 1) × advance avgBalance = advance ÷ 2 APR ≈ (totalCost ÷ avgBalance) × (12 ÷ months)
Use this side-by-side with a term loan quote to see the real cost difference before signing.
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