The number your loan offers were formatted to keep apart.
Paste in any two business funding offers — bank, cash advance, equipment — and see them side by side as APR, cost per payment, and total dollars paid.
Loan offers are quoted in incompatible units on purpose. A bank says 9% APR, an advance says a 1.3 factor rate, a lease says $2,100 a month — three prices you can't compare until someone converts them to the same yardstick. This page is the converter.
The bank quote arrives as a PDF with an APR on page one and the origination fee on page four.
The advance quote is a text message: ‘you qualify for $50K, pay back $65K, daily draft.’
The equipment quote is just a monthly payment — the interest rate is nowhere on the page.
This amount feeds both offers so you're comparing the same borrowed dollar. For an equipment offer, it's the equipment cost.
The rate on the offer letter, before fees. Fees come next.
Use both boxes if the term is something like 5 years 6 months.
Often buried near the closing costs. 1 point = 1% of the loan, taken out before the money reaches you.
Same price, two costumes. ‘1.25 factor rate’ and ‘25 cents on the dollar’ are the identical charge — pick whichever one your quote uses.
Usually between 1.1 and 1.5. Multiply it by the advance to get what you'll pay back — a 1.25 on $50,000 means $62,500 back.
How long until it's fully repaid. If your quote says ‘in about 6 months,’ enter 6 months.
Daily drafts hit before you've opened. We model daily as 30 payments a month — the same convention as the MCA Decoder.
Fill in both offers to compare. Nothing here is saved or sent anywhere.
If revenue dips
Payments don't shrink when sales do. Enter your typical monthly revenue, drag the slider, and see which payment still fits.
A normal month, not your best one. Stays on this page — never sent to us.
Fill in both offers and your monthly revenue to run the test.
Every APR here is computed the same way, on the same basis, for all three offer types — the actuarial method regulated loan APRs use — so the numbers are actually comparable. Fees and holdbacks are counted; marketing rounding isn't.
How the conversion works
We convert each offer to a schedule of equal payments at its own frequency — money in on day one, payments out at each interval (daily is modeled as 30 payments a month) — and solve for the annualized internal rate of return. That's the same actuarial basis Regulation Z APRs are built on. Origination points and fees withheld from proceeds count as cost, because you never had that money. Results are estimates based on the numbers you enter; your paperwork governs.
Now that you can read the offers, get ones worth reading.
Oracle matches your business against a network of 500+ lenders and shows your pre-qualified range — estimated, on your screen, in your dashboard. Your information stays locked until you pick a lender.
Check your rangeNo broker calls. No hard credit pull.
Email me this comparison
Both offers, all three numbers, the verdict — in your inbox. Nothing else follows it.
This tool is educational. It computes estimates from the numbers you enter; it is not financial, legal, or tax advice, and it is not an offer or a guarantee of credit. Actual costs are set by your signed agreement — read it, especially the pages after the payment amount. Calculations happen in your browser; the numbers you type are not stored or transmitted.