[Winning]

Would you all mind showing me a working example of how to calculate what they are asking for?

On deals I am presented with this is how I currently analyze the numbers to be able to compare various deals fairly.

Example on an 83 weekly deal..
$105,566.73 total payback / $99,523.33 deposit = 1.060 Effective Rate.
83 Week Interest rate = 6.0%
52 weeks / 83 weeks = 0.6265
0.6265 x 6% = 0.03759 = 3.759% Annualized Factor Rate

Are any of those number that I have converted for, what NY is asking to be provided upfront? If so which one? Or are there additional calculations that need to be done? If so, could you show & explain how I would figure out the APR ?

Thanks.

[Yankeeman07]

What is the Daily ACH Deducted from merchant's bank account?

[Nunya]

What is the Daily ACH Deducted from merchant's bank account?

An amount equal to the contractually stated holdback percentage stipulated in the agreement, multiplied by the merchant's sales on that day.