Your current positions
Position 1
More options
Your paymentestimate
Enter your current positions to see the new schedule.
Real terms come from your file, after underwriting.
FAQ
Common Questions
How does a consolidation work?
A new advance pays off the balances on your current positions, so several payments become one, and you can add cash on top. The new payment depends on the factor rate, the term and the schedule you set.
How is the new advance sized?
It covers the balances you enter plus any cash on top, grossed up for the origination fee, so every payoff is covered in full.
Will consolidating lower my total cost?
Not always. A lighter payment spread over more months can mean more paid in total. The calculator shows both: lighter or heavier by the week, and the total paid from today now against the new schedule.
What do I enter for each position?
The payment, how often it comes out (weekly, biweekly or monthly) and the balance left. The funder confirms each payoff before closing.
Why enter my monthly deposits?
It is optional. With your monthly deposits entered, the calculator shows the share of deposits going to advance payments now and with the new schedule.