- 1Uplyft Capital launched a free online MCA Affordability Calculator.
- 2Users enter funding details to test fit against revenue and deposit activity.
- 3Intended users include ISOs, brokers, direct funders, underwriters and business owners.
Uplyft Capital, a Miami-based funder, has launched an online MCA Affordability Calculator that it offers free of charge.
What the tool does
The calculator lets users enter funding details and check whether a proposed structure fits a merchant's revenue and deposit activity. It gives a way to estimate payment burden and spot affordability concerns before a contract is signed. Uplyft said it was built to address a common challenge in alternative finance: understanding how a given funding structure will affect a business's daily cash flow. The calculator is open to merchants, brokers and industry professionals nationwide.
Who it is for
Uplyft listed the intended audience as:
- Independent sales organizations
- Funding brokers
- Direct funders
- Underwriters
- Small business owners evaluating capital options
CEO Michael Massa said the aim was a practical resource that helps merchants and brokers make more informed decisions, and that visibility into affordability can promote healthier outcomes for merchants and capital providers.
The company
Uplyft describes itself as a financial technology company focused on merchant cash advances and business funding for small and medium-sized businesses across the United States, using technology-driven underwriting.
Source reporting: deBanked.
