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Rate sheet
Also called buy rate sheet, pricing grid, matrix, guidelines sheet.
The funder's pricing grid distributed to brokers, showing buy rates, terms, maximum funding and commission points available for each credit tier and position.
Drafted with AI assistance. Not yet independently checked. Nobody has verified the claims on this page against a source, so treat the figures and legal points as a starting point rather than as settled, and confirm anything you are about to act on. How we check things.
What it means
A typical sheet is a matrix. Down one axis, tiers by credit quality and time in business. Across the other, position, term and maximum funding. In each cell, a buy rate and the maximum points payable to the broker. Alongside it sit the funder's current restricted industries, restricted states, and required stipulations.
The merchant never sees it. The sheet prices what the deal costs the broker, not what it costs the business. The difference between the buy rate on the sheet and the rate on the merchant's contract is the broker's rate spread, earned on top of any points.
Sheets change frequently - weekly in some shops - as the funder's appetite, cost of capital and book performance move. A rate sheet from last quarter is not a quote.
Where this one catches people
A rate sheet prices the broker's cost of the money, not the merchant's price for it. On most advances nothing in the transaction requires the spread between the two to be disclosed, though several states have now enacted commercial financing disclosure laws that change what must be presented and when - the requirements, thresholds and covered products differ by state.
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Rate sheet — common questions
What does rate sheet mean?
The funder's pricing grid distributed to brokers, showing buy rates, terms, maximum funding and commission points available for each credit tier and position.
Where does rate sheet catch people out?
A rate sheet prices the broker's cost of the money, not the merchant's price for it. On most advances nothing in the transaction requires the spread between the two to be disclosed, though several states have now enacted commercial financing disclosure laws that change what must be presented and when - the requirements, thresholds and covered products differ by state.
Is rate sheet the same as an interest rate?
Rate sheet is defined above; if you are comparing it against a rate, check whether the two measures share a time dimension before you put them side by side.
Which products does rate sheet apply to?
Merchant Cash Advance, Working Capital.
Is there a worked example of rate sheet?
Not on this entry. Where a term is arithmetic, the arithmetic is shown; this one is not primarily a calculation.
What else should I read alongside rate sheet?
Buy rate, Commission, Factor rate, ISO agreement, Paper grade.
Has this definition been checked?
Not yet. This entry is drafted and live, and the notice at the top says so. Confirm anything you are about to act on.
Is this legal advice?
No. It is a definition. What a clause does in your contract, in your state, is a question for a lawyer licensed where you are.
Can I suggest a term?
Yes — [email protected]. The glossary grows from what people are actually shown in contracts.