Standard Rates: 4.99
% of total amount of invoice factored. This amount
is deducted immediately from the value of the
invoice upon payout. We withhold 20% of total
invoice until we collect the face or negotiated
value on all invoices.
Example: we purchase $1,000 worth of invoices we pay
you $800.00 – if we collect within 15 days we will
return the 15.01% or $150.10 (we keep the base rate
$49.90)
If the collection of the purchased invoice is not
collected before the 15th day the rate
goes up to 6.99% until the 30th day mark
- if we collect within 30 days we will return the
6.99% or $130.10
If the collection of the purchased invoice is not
collected before the 30th day the rate
goes up to 8.99% until the 45th day mark
- if we collect within 30 days we will return the
8.99% or $110.10
If the collection of the purchased invoice is not
collected before the 45th day the rate
goes up to 12.99% until the 60th day mark
- if we collect within 45 days we will return the
12.99% or $70.10
Any amount that is not collected within the allotted
60 days is considered a loss and we do not return
any money from that point in the factoring process.
