[jotucker1983]

If you are selling an MCA, there should be absolutely no discussion nor calculation of an APR because, there's no interest rate on the product.

[AndyYSCISOdept]

If you are selling an MCA, there should be absolutely no discussion nor calculation of an APR because, there's no interest rate on the product.

I thought that was the first rule of selling MCA, DO NOT USE THE WORDS, "Loan, Interest, APR" etc

[jotucker1983]

I thought that was the first rule of selling MCA, DO NOT USE THE WORDS, "Loan, Interest, APR" etc

100% agree. When a merchant tries to calculate the APR on an MCA deal, I tell him that no such calculation can be done because there's no interest rate involved in the transaction. A purchase of receivables does not involve an interest rate, all you have to determine "cost" is the cost factor.