Free Merchant Cash Advance Offer Comparison Worksheet
Print it, or open it in a spreadsheet. Fill in one column per offer, straight from the funder's paperwork, then run the numbers in the calculator.
Download the worksheet
One page, with columns for up to three offers. The PDF is for printing and the CSV opens in any spreadsheet. Both are free, with no sign-up.
What goes on each line
Copy every figure from the funder's written offer, exactly as printed.
| Line | Where to find it | Why it matters |
|---|---|---|
| Advance amount | The amount the contract says you're advanced (sometimes called the purchase price). | The starting point. It isn't what lands in your account. |
| Fees taken out at funding | The funding or disbursement section: origination, underwriting, UCC or ACH setup fees, any payoff of an old balance. | Fees come out before you see the money, so they raise your real cost. |
| Cash you receive | Advance amount minus the fees taken out. | Compare every offer on this number, not on the advance amount. |
| Total payback | The purchased amount or total of payments. | Total payback minus cash received is the cost in dollars. |
| Factor rate | Usually printed near the top. If it isn't, divide the total payback by the advance amount. | A pricing shorthand. Turn it into dollars before you compare. |
| Payment and schedule | The specified daily or weekly payment, or the holdback percentage. | This is what your cash flow feels every week. |
| Number of payments / estimated term | The funder's disclosure or payment schedule. | Needed for the estimated APR. A shorter term with the same payback means a higher APR. |
| Reconciliation right | Look for a reconciliation or adjustment clause. | How you can ask for a smaller payment if sales drop. |
| Early payoff terms | Look for a prepayment or early payoff section. | Whether paying early saves money or costs the full payback. |
| Other fees after funding | Look for NSF, default, wire or late fees. | These fees pile up once a payment bounces. |
| Personal guarantee, UCC, confession of judgment | Look in the security, guaranty and remedies sections. | They decide what happens if the business can't pay. |
| Stacking or renewal terms | Look for an anti-stacking or renewal section. | Whether you can take another advance later, and on what terms. |
How to fill it in
- Get every offer in writing. Don't fill in a column from a phone call or a text.
- Write each offer in its own column, using the funder's figures exactly as printed. Don't round anything.
- Work out the cash you receive and the cost in dollars for each column.
- Enter the advance, factor rate, fees and payment for each offer in the offer comparison calculator to get the cost per dollar and an estimated APR.
- Mark the clauses you'd want a lawyer to read before you sign.
Then run the numbers in the calculator
The offer comparison calculator takes the advance, factor rate, fees and payment for up to three offers. It shows the cash you receive, the cost per dollar, the weekly payment and an estimated APR for each one. The worksheet holds everything else: the clauses, the fees after funding and the payoff terms.
Estimated APRs are illustrations, not disclosures. The funder's contract and its state disclosure control.
Common mistakes when comparing offers
Comparing advance amounts instead of cash received
Two offers with the same advance can leave you different amounts once fees come out.
Treating the factor rate as the price
A lower factor rate over a much shorter term can cost more per year. Look at dollars and the estimated APR.
Ignoring how often payments are taken
Daily and weekly debits of the same weekly total hit cash flow differently, and a daily schedule leaves less room on slow days.
Skipping the clauses
The personal guarantee, the confession of judgment and the default fees matter most when things go wrong.
Questions owners ask
Is the worksheet free?
Yes. Download it, print it and share it. You don't need to give an email address.
Does the worksheet give me an APR?
The worksheet collects the numbers. The offer comparison calculator turns them into a cost per dollar and an estimated APR. That estimate is an illustration, not a disclosure. The funder's own disclosure controls.
Can Afterfirst fill it in with me?
Yes. When we shop your file, we line every offer up on the same lines and show you. Applying costs you nothing, and Afterfirst MCA charges you no fee. You choose one offer or none.
Send one file.
See what fits.
Call 877-FUND-654 with questions.