Pricing & Terms
Transparent Terms. No Hidden Fees. No Fine Print.
Two funding paths, both explained in plain numbers before you ever apply: the exact amount ranges, terms, factor rates, and fees for every deal Smart Business Funding puts in front of you. Learn how a merchant cash advance works, with fixed daily or weekly payments and a total payback you know up front.
What are Transparent Terms?
Transparent Terms is our published breakdown of how our funding is priced. It lists the factor rate ranges, fees, terms and funding amounts of our in-house Direct Fund program before you apply. Factor rates run 1.25 to 1.49 for prime files and 1.309 to 1.499 for higher-risk files, with fees of 5% to 10%.
Smart Business Funding offers two funding paths: our Direct Funding Program, with underwriting and funding decisions made by our own team and capital supplied through our investor network, which may include SBF's syndication participation; and our Marketplace Program, which connects eligible businesses with financing offered by participating partners. Here is exactly how each one works, in the same numbers our underwriting team uses, not a teaser rate that changes once you apply.
The Two Programs
Direct Fund vs. Marketplace, Side by Side
Both require at least 1 year in business. Repayment on both is a fixed daily or weekly remittance, set at origination and never changing over the term. This is not a loan; there is no interest rate, because repayment is a purchase of future receivables, not an interest-bearing installment.
In-House
Direct Fund Program
- Funding amount$10,000 to $5,000,000
- TermTypically up to 10 months, sometimes up to 15
- Factor rate1.25 to 1.49 prime, 1.309 to 1.499 higher risk
- Fees5 to 10% of funded amount
- Monthly revenue required$50,000+
- Time in business1 year min.
Partner-Funded
Marketplace Program
- Funding amount$10,000 to $5,000,000
- TermUp to 18 months
- Factor rate1.22 to 1.499
- Fees0 to 10% of funded amount
- Monthly revenue required$5,000+
- Time in business1 year min.
See the Math
A Worked Example for Each Program
Every deal we send you shows this same breakdown before you sign: funded amount, factor rate, fee, and the fixed remittance you'll actually pay.
Direct Fund Program · Illustrative example, not an actual client
$50,000 advance · 1.35 factor · 10-month term
A 7.5% fee on a 10-month term, repaid weekly.
- Total payback ($50,000 × 1.35)$67,500
- Fee (7.5%, deducted at funding)$3,750
- Net funds disbursed$46,250
- Fixed weekly remittance (÷ 43 wks)≈ $1,570/wk
Marketplace Program · Illustrative example, not an actual client
$50,000 advance · 1.30 factor · 18-month term
A 5% fee on an 18-month term, repaid weekly.
- Total payback ($50,000 × 1.30)$65,000
- Fee (5%, deducted at funding)$2,500
- Net funds disbursed$47,500
- Fixed weekly remittance (÷ 78 wks)≈ $833/wk
Both programs require at least 1 year in business. The Direct Fund Program requires $50,000+ in average monthly revenue; the Marketplace Program requires $5,000+ in average monthly revenue. Actual factor rate, term, and fee depend on your business's financial profile and are confirmed in writing before you accept any offer.
Savings
Early Payoff Options
Early-payoff discounts are available on qualifying funding agreements. Where offered, the discount is 10% for payoff in the first month and 5% in the second month. Availability and calculation depend on the applicable written funding agreement. Review the written terms of your offer before accepting.
Answers
Frequently Asked Questions
Is a merchant cash advance a loan?+
What is a factor rate?+
Is there a discount for paying off early?+
How is the fee applied?+
Why does the Marketplace Program have a wider fee range than the Direct Fund Program?+
Can my remittance change during the term?+
No Hidden Fees. No Fine Print.
See Exactly What You'd Qualify For
Apply in minutes and get a written offer that shows your funded amount, factor rate, fee, and fixed remittance, before you decide anything.
Apply Now āMerchant cash advance cost calculator · Factor rate vs. APR: how to compare merchant cash advance offers
