Is Account Receivable Factoring For You?

The key to knowing if accounts receivable factoring of account is
for you is to not to look only at the
bottom-line factoring fee,
but also to consider how your company
may increase it's profits through factoring.

Here is additional information on receivable factoring
to help you with your decision.

How are receivables factoring fees
and advance rates determined?
It is based on several factors:
The creditworthiness of your clients
Your monthly billing volume
Average invoice size
Average days to payment
Fees can range from 2-5 % of
the invoice's face value.
For example if the invoice's value
is $1,000; a fee of 3% equals $30.

What is an advance?
The amount of money you
receive immediately
when we buy your invoice.
The balance is returned to you when
your customer pays the invoice.
Advances range from 60-95%
of the invoice's face value.
For example if the invoice's value is
$1,000 an advance rate of 80% equals $800.
The balance of $200 less the account receivable
factoring fee is returned to you when your
customer pays the invoice