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Merchant Cash Advance Agreement · CONTRACT · v1

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Merchant Cash Advance Agreement

This Agreement is entered into on ‹Offer sent date› between the funding company and ‹Legal name› (DBA ‹DBA name›), located at ‹Full address›.

Purchase terms

Purchase price (funded amount)‹Funded amount›
Amount sold (payback)‹Payback amount›
Factor rate‹Factor rate›
Estimated term (days)‹Term (days)›
Daily payment‹dailyPayment›
Total cost of capital‹totalCost›
Annualized cost (APR-equivalent)‹apr›

The parties agree to the terms set forth herein.

Merchant: _____________________________   Date: ____________

Merge tokens

Available tokens: Full reference

Merchant
Deal
ISO / broker
Approval

Calculated fields

Formulas use: funded, factor, buyRate, payback, term, daily, position. Insert as {{calc.name}}.