I came across some content online that has me confused can you help explain how they got these numbers :

You are a advanced $20,000, the funding provider quotes you a factor rate of 1.14. So this means you will be expected to pay back $22,800. It might appear like you are paying 14% interest rate.

But the real number you want to look at here is APR. ( If the funding provider is taking 10% of all your future credit card sales your apr would actually be 36.1 and you would repay the advance in 274 days with daily payments of $83.33

Note: If this example is a poor one, can you please create one that illustrates how to calculate the true cost of a MCA