What will it really cost?

Quotes come in different shapes. These turn them into numbers you can compare, worked out the way federal Truth in Lending rules work out an APR. Everything is worked out in your browser, and nothing you type is stored.

• True cost of a loanTurn a loan quote into one comparable number, an APR, and the total it costs you in dollars, including fees.
• Cost of a merchant cash advance or revenue-based financeTurn a factor rate or flat fee, repaid as a share of your sales, into an estimated APR and a total in dollars, at the level of sales you expect.
• Cost of factoring an invoiceWork out what a factor's advance, fee per period and other fees cost on one invoice, in dollars and as an estimated APR, and what a monthly minimum adds.
• Equipment finance agreement or leasePut a finance agreement quote and a lease quote for the same equipment side by side: the total you pay, a yearly rate for each, and the cost once you count what the equipment is still worth at the end.
• What a crowdfunding campaign leaves youTake the platform fee, payment fees, the cost of making and shipping rewards and other campaign costs from the money pledged in a rewards or donation campaign, and see what is left.
• Ownership after each roundEnter the pre-money valuation, the amount raised and the option pool for up to three priced rounds, and see who owns what after each one.
• Prompt Payment Act interestWork out the interest a federal agency must add when it pays your invoice late, from the amount, the due date and the date it paid, and the extra penalty you can ask for if it leaves the interest out.
• Cost of a Regulation Crowdfunding offeringSee which financial statements your offering needs, and what is left after the funding portal's fee, the review or audit, legal work and marketing, plus the yearly cost of reporting afterward.
• SAFEs and notes in your next roundSee who owns what after your SAFEs and convertible notes convert in a priced round, with the round's price, the option pool increase and the new money.
• Is my business small?Find your industry's SBA size standard by NAICS code or by words, and see whether your average receipts or employees are within it.