Factoring
Cost
The cost
of factoring accounts receivables is determined
by several factors. Some factoring
companies and websites
will tell you that the cost is based solely on the
credit worthiness of your customers. This is rarely
accurate and simply not the truth. While it is true
that the risk in the typical factoring transaction
is highly dependant on the credit standing of your
customers it is only one of the components used in
pricing a factoring relationship. The other factors
will are the overall business plan, the integrity of
the business owners, and the selling terms.
 Want a quick factoring
quote? Please click
here to get a great factoring
rate.
Questions? Call
us at 1 (877) 876 2803 now (toll free).
Our
factoring rates range from a discount fee of less than
1% per month for relationships over $5 million per month
to a discount fee of 3.5% per month for factoring clients
at $10 thousand per month. Below is just a few of our
deal structures offered…..
•
Daily rates for clients with quick
accounts receivable turn around.
• One time flat factoring fees for clients with longer payment terms.
• Per invoice factoring fee, plus interest for days outstanding.
• Flat factoring fee with rebate paid back at month end for invoices
that paid earlier than expected.
We
can offer the most cost effective factoring solutions
in the industry within minutes.
Apply now for a factoring
quote.
Sample
Factoring Deal Structure
Our
factoring programs offer advance rates between 80% to
95%. In the Medical and
Construction factoring field the advance rate will typically
be 70% to 75%. When the invoice is submitted for funding
you will have funds electronically transferred to your
existing checking account within 24 hours. The factor
will then wait for payment from your customer. Once the
payment arrives you will receive the remaining balance
less the factoring charges. Example, you factor a $10,000
invoice and your advance rate is 90% with a flat factoring
fee of 3%, you will get $9,000 from the factoring
company immediately and $700 after payment arrives. The factor
earns $300 in this example.
Get
Cash for your Invoices Now – Get
a quick Factoring Quote
Can
I afford the cost of factoring?
This
is a questioned asked by most business owners with growth
potential that are considering factoring. Most successful
entrepreneurs will look at the potential future additional
sales opportunities that factoring can bring to the table.
If all my customers paid in one day how would my business
change? Could I receive supplier discounts by paying
my vendors faster? Could I add additional sales by offering flexible
payment terms? The bottom line is that every
business is different, but in most cases factoring will
improve cash flow which typically helps all companies
perform better.
GET
A FACTORING QUOTE NOW
Want
to learn more about factoring?
Email
other questions by clicking here
Want a quick factoring
quote? Please click
here to get a great factoring
rate.
Questions? Call
us at 1 (877) 876 2803 now (toll free). |
