See the cash you get now, the fee, and what you keep.
Estimates only, for general information. Factoring is the purchase of receivables, not a loan. The factor advances a percentage now and releases the reserve (less its fee) when your customer pays. Fees may be quoted as a flat rate per invoice or as a rate per 30 days. Cost rises the longer your customer takes to pay — always confirm which structure you're being offered. Actual advance rates and fees vary by industry, debtor credit, invoice volume, and underwriting; approval rides mainly on your customer's credit, not yours. Not all applicants qualify.