Article summary
Your MCA funder debits your account every business day. Here's a simple free spreadsheet to track each ACH, your paid-to-date, and your estimated remaining balance — including stacked advances.
Article content
If you took a merchant cash advance (MCA), money probably leaves your bank account every business day.
It's easy to lose track.
One week you know exactly where you stand.
The next, you're guessing.
This guide shows you how to track those daily payments yourself — with a simple spreadsheet you can copy for free.
--- What is a daily remittance? A remittance is the payment your funder collects from you to pay back the advance.
With most MCAs, it works like this: The funder gives you a lump sum (the advance).
You agree to pay back a larger amount (the advance × a factor rate, like 1.3 or 1.4).