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How to Compare Business Funding Offers
Chloe WatsonCommercial Underwriting Specialist
Updated: 10 Oct 20267 min read
How to objectively compare factor rates, APRs, arrangement fees, and personal guarantee requirements across multiple commercial lender quotes.
Table of Contents
1. Comparing Different Cost Metrics
Comparing a 1.20 factor rate on an MCA with a 14% APR commercial loan requires looking at the total repayable dollar amount and the expected duration of the facility.
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