How does MCA True Cost Calculator work?

MCA True Cost Calculator allows you to input multiple loan offers and instantly compare their total costs, factor rates, and payment schedules. Our AI reviews our network of business funding providers to show you preliminary options that may fit your profile.

Is MCA True Cost Calculator really free?

Yes! MCA True Cost Calculator is completely free. Compare unlimited offers, save comparisons, and access all features at no cost. No credit card required.

What is a factor rate?

A factor rate is a decimal figure (like 1.3) that represents how much you'll repay for every dollar borrowed. For example, borrowing $10,000 at a 1.3 factor rate means you'll repay $13,000 total.

What is LoanCompare Pro?

The ultimate tool to compare loan factor rates across monthly, weekly, and daily payments. Find the best loan for you and get an exclusive offer to save more.

Compare Your OffersThe Smart Way

Compare financing offers side by side and see what each one would actually cost.

No credit card

Free forever

2 min setup

Add Loan Offers

Enter details for each loan

2 Loans

Loan #1

Lender Info (Optional)

Loan Amount

Total Repayment Amount

Payment Frequency

Payment Amount

Term (Months)

Fees & Points

Origination Fee ($)

Origination Fee (%)

Points (%)

Processing Fee ($)

Loan #2

Lender Info (Optional)

Loan Amount

Total Repayment Amount

Payment Frequency

Payment Amount

Term (Months)

Fees & Points

Origination Fee ($)

Origination Fee (%)

Points (%)

Processing Fee ($)

Compare loans free! to save your comparisons.

Ready to Compare?

Enter loan details to compare offers

FAQ

Frequently Asked Questions

Everything you need to know about comparing loan offers

Make smarter loan decisions

Free tools that show you the full cost of a financing offer

Instant Compare

Compare offers side-by-side in seconds.

AI Matching

Explore potential matches for your profile.

True Cost

See the total cost of every offer you enter.

Transparent

See every fee and cost upfront.

Secure

Submitted over an encrypted connection.

Expert Help

Get guidance from loan specialists.

Compare Your OffersThe Smart Way

Add Loan Offers

Loan #1

Loan #2

Ready to Compare?

Frequently Asked Questions

What is a factor rate?

How does the loan comparison calculator work?

What's the difference between daily, weekly, and monthly payments?

What is pre-qualification and does it affect my credit score?

How can I save my loan comparisons?

What is the Pro Application?

How accurate are the rate estimates?