Glossary of Terms
RTR or Right to Receive
The legal right of a person or entity to receive payment or compensation for goods or services provided. In the context of a merchant cash advance, it refers to the right of the funder to receive payment for the advance provided to the borrower.
Anticipated RTR
The expected amount the syndicate will receive from payments for the advance provided to the borrower.
Principal Investment
The amount of cash that funded your portfolio, less any principal returned.
Projected Portfolio
The current projected value of your portfolio, which includes anticipated payments (RTR) from all merchants, including the value of cash you have in your wallet.
Merchants
The total number of merchants you've syndicated in your portfolio.
Current Invested Amount
The current amount of principal you have invested in your portfolio.
Profit
The sum of all earnings you have obtained within your portfolio.
Blended ROI
The annualized rate of return for your entire portfolio assuming no future defaults.
Default Rate
The loss of principal investment divided by your total investment amount.
Paid to Date (PTD) or Cash to Date (CTD)
The total amount of money you've received back to your portfolio.
Balance
The amount of money due to your portfolio from your merchants.
Factor Rate
The cost of capital represented as a fraction after the 1. For example, a 1.35 factor rate would mean that the cost of capital is 35%. A $10,000 advance with a 1.35 factor rate would mean that the merchant would pay back $13,500.
Total Invested Amount
The total investment in the deal, including any commissions and prepaid charges.
Participant Share
The syndication investment percentage in any given deal.
Complete Percentage
The percentage a deal has completed paying back.
Payment Amount
The amount of money that a syndicate has received from a merchant.
Payments
The number of payments that the merchant agreed to pay to complete the advance.
Actual Payments Made
The total amount of payments made on each advance, which may exceed the original agreement if the merchant makes additional payments.
Payments Remaining
The number of payments the merchant needs to make to fulfill their advance, assuming no modifications made to the advance.
Paid Principal
The amount of principal paid back with each payment.
Commission
The amount the company pays to third-party brokers for submitting the deal to our company.
Syndication Fee
A one-time fee assessed to each deal to syndicate on the platform.
Management Fee
The servicing fee for the cost of servicing and collecting payments from the merchant.
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