How Much Does Invoice Factoring Cost?
When partnering with a factoring company, you are entering into a mutually beneficial relationship intended to create success for both parties. You sell your invoices to receive dependable cash quickly and the factoring company charges a per-invoice factoring fee called the factoring rate. As the primary cost to factoring, you should fully understand what a factoring rate is and how it’s determined.
What Determines A Factoring Rate
Generally speaking, a factoring fee structure is influenced by the following: