Our Introductory Factoring Rates
Receivable type | Amount advanced | Factoring Fees | Discount (30/60/90/+) |
Invoiced Receivables: | 80% | 2.5% | 1% / 1.5% / 2.5% / 4% |
Example Recurring Invoice Transaction FLow
Your monhtly invoice to customer: | $1,800 |
Amount advanced up front: | $1,440 |
Your customer remits in 46 days: | |
Amount left on invoice: | $360 |
Factor Fees | $45 |
Total Discount (1.5%) | $27 |
Reserve Fund* | $90 |
Amount returned to you: | $198 |
Total Cost to you: | $72 |
* 5% of each invoice is set aside into a reserve fund for your account until that fund is 125% of your average invoice size. Reserve fund is used to offset any uncollectable payments and is returned to you upon termination of factoring relationship. |