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Is Receivable Factoring For You?The key to knowing if receivable factoring is for you is to notto look only at the bottom-line factoring fee, but also toconsider how your company may increase it's profits through factoring.Here is additional information on accounts receivable factoringto help you with your decision.How are fees and advance rates determined?It is based on several factors:The creditworthiness of your clientsYour monthly billing volumeAverage invoice sizeAverage days to paymentFees 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 accounts receivable factoring advance?The amount of money you receive immediately when webuy your invoice. The balance is returned to you whenyour 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 advancerate of 80% equals $800. The balance of $200 less thefactoring fee is returned to you when your customer pays the invoice.