Factor rate
The multiplier applied to your funded amount to get your total payback. A 1.37 factor rate on $100K means you pay back $137K total.
Buy rate
The rate a lender charges the broker. FinProQuo adds exactly 2 points to this rate — no more. Most brokers add 10–15 points without telling you.
Cost of capital
The difference between what you received and what you paid back. This amount is typically tax-deductible as a business expense — ask your accountant.
Daily payment
MCA payments are typically debited daily from your business bank account on business days. The total payback divided by the number of payment days.
Flat 2% spread
FinProQuo's margin on every deal — always exactly 2 points above the buy rate. Capped. Never variable. You always know exactly what we earn.
GAAP report
After funding, FinProQuo provides a GAAP-compliant cost of capital report for your accountant showing total interest paid — useful for tax deductions.