MCA providers quote a "factor rate" instead of an interest rate. It looks small. It isn't. A 1.35 factor rate over 6 months = ~70% APR. Over 12 months = ~35% APR. Same number, wildly different cost. This converts any factor rate to APR so you can compare MCA offers against bank loans or SBA loans. Shows: total repayment · total fee · equivalent APR · estimated daily payment Free. No signup. No email required.