[jotucker1983]

.......Let me restate the question. Without trying to wiggle out of an answer what do you tell your client if they flat out ask what the interest rate is?
Bob

If it's an MCA, I tell them there's no APR/interest rate associated with it. If they continue to try and calculate an APR anyway, I just continue to state there's no APR/interest rate associated with this transaction and explain to them (again) how it works, just as I did in this thread.

If it's a loan, that's a different story and that is usually disclosed in the loan agreement anyway.

I'm not calculating an APR if there's no interest rate on the deal. If you guys want to allow merchants to drag you into calculating certain types of "interest rates" on cash advances, then you can have at it, but from a "technical" and "legal" standpoint....you have no business discussing APRs nor any other type of interest rate on merchant cash advance deals.