Once a Deal is funded (in Funded stage), MCA Suite can help you calculate the estimated payoff percentages and dates if you have provided the following information:
- Funded Date;
- Payback Amount;
- Frequency of Repayment;
- Repayment Amount;
- Number of Payments
MCA Suite will use the day AFTER the Funded Date to estimate the repayment percentage and dates. Using the example below, if the Funded Date was September 23, 2024, September 24th is the first repayment date. The Funded Deal will have repayment at 50% on October 28, 2024.
**Please be aware that the dates presented are ESTIMATES, as MCA Suite is not aware of a merchant's exact payment status.
Estimated payoff percentages and dates can also be found on the Funded Deals list page, in the "Repayment" column:
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