Apples-to-apples comparison

What does that offer actually cost?

Compare any offer against Highbeam and see the true annualized cost.
Most fixed-fee products look cheaper until you run the numbers.

1 — What are you comparing against?

2 — Enter the terms from each offer

Highbeam line of credit
$
%
days
APR--
Total interest--
Total repayment--
Prepayment penaltyNone
Unused line feeNone
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$
%
days
APR--
Total interest / fee--
Total repayment--
Revolving access--
Your savings
$0
Adjust the inputs above to compare offers
What if you pay back sooner?
With Highbeam, interest accrues daily on your outstanding balance - paying down early cuts your cost directly. Drag the slider to see the difference. The competitor cost stays fixed no matter when you repay.
Highbeam payback 90 days
Payback periodHighbeam interestCompetitor costYou save
APR comparison
Annualizing the cost puts both offers on the same scale - regardless of whether it's a flat fee, a factor rate, or an interest rate.
Highbeam line of credit--
Competitor--
Beyond the rate
A lower headline rate means little if you lose flexibility. Highbeam's line is revolving - draw, repay, and draw again without reapplying. That's how working capital should work.
⚡
Instant redraws
Draw again as soon as you've paid down. No reapplication, no new underwriting, no waiting.
💸
No unused line fee
Pay interest only on what you draw. Keeping your line open costs nothing.
🔓
No prepayment penalty
Pay back early and your total cost drops. Most competitors charge the full fee regardless.
Highbeam LOC
✓ Revolving - redraw instantly after paydown
✓ No prepayment penalty
✓ No unused line fee
✓ Interest on outstanding balance only
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Methodology. Highbeam LOC: daily declining balance. Interest = draw × rate × (term - 1) / (2 × 365). APR shown is the stated rate. MCA: APR calculated by solving for the periodic IRR (daily rate r where PV of equal payments equals the advance amount), then annualized as r × 365. ABL / term loan: declining balance adjusted for payment frequency (daily = 365 periods, weekly = 52, monthly = 12). All figures are illustrative. Questions? [email protected]