Factoring Rates as low as .59%
The following are in the proximity to what factoring rates are without knowing industry, sales volume and collection cycle.
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Under $50,000, Over $50,000, Over $100,000
Over $500,000 and Over $1 Million
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Under $50,000
Monthly Factoring Sales Volume
Cash Advance Rate up to 95%
Fees
0 -20 Days 2.5% 46-60 Days 6.5%
21-35 Days 3.5% 61-65 Days 7.5%
36-45 Days 5.0% 66-74 Days 8.0.%
Monthly Minimum Requirement $2,500.00
(Rates subject to industry, sales volume and collection cycle.)
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Over $50,000
Monthly Factoring Sales Volume
Cash Advance Rate up to 95%
Fees
0 -10 Days 1.5% 46-55 Days 5.5%
11-25 Days 2.5% 56-60 Days 7.0%
26-35 Days 3.5% 61-70 Days 8.0%
36-45 Days 4.5%
Monthly Minimum Requirement $45,000.00
(Rates subject to industry, sales volume and collection cycle.)
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Over $100,000
Monthly Factoring Sales Volume
Cash Advance Rate up to 90%
Fees
1% Every 10 Days
Up to 90 Days
Monthly Minimum Requirement $95,000.00
(Rates subject to industry, sales volume and collection cycle.)
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Over $500,000
Monthly Factoring Sales Volume
Cash Advance Rate up to 90%
(Depending on the industry)
Fees Negotiable
Non-Recourse or Recourse available
Term: 1 - 3 years
Monthly Minimum required.
(Rates subject to industry, sales volume and collection cycle.)
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Over $1 Million
Monthly Factoring Sales Volume
Maximum Credit Line: up to $12MM
Advance rate: 80%- 85%
Earned reserve: daily or weekly
Interest rate: Prime +2 or Prime +3
Term: 1 - 3 years
Monthly Minimum required.
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We may put the client on a straight
Discount model which may look like the following:
1-15 days 0.59%- 0.75%
16+ days 0.04%- 0.05% per diem
Factoring Rates are subject to industry, volume and collection cycle.
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