Transparent Pricing, No Surprises
Clear rates with no hidden costs. Maintain more of your hard-earned revenue.
Transparent Fee and Rate Structures
Fee Structure can be confusing. Factors often describe their fees as “discounts”, but can also have interest calculations, and other hidden fees built in.
Discount = % of the invoice the factor keeps
Interest Rate = Interest charged on Loan Balance
Example:
2.5% * $1,000 Invoice = $25
Example:
8.5 Annual Interest * $100,000 Loan Balance = $8,500
A Word About Fee Structure: It is also important to understand the time element of the discount. Some factors may break their fees down into 30-day buckets, while others charge a daily fee. Fees should begin when money is advanced and end when money is collected.