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Advances & Factoring Cost
  • 80% Advance Transactions
  • All new clients start factoring at an 80% advance rate. There are 2 Fee Plans for 80% Advance Transactions and the basic difference between the 2 Fee Plans is the size of the particular transaction. Transactions of more than $50,000 are classified as Plan 1. Everything else is classified as Plan 2. The following tables provide the detail.

  • Rebates are only available for 80% Advance Transactions
  • By advancing 80% of the value of each factored transaction, we actually purchase your invoices at a 20% discount from face value. The discount consists of our factoring fee and your "Rebate," which is your share of the 20% discount, the calculation of which is based upon the collection period, and is detailed in the Fee & Rebate Table below. As you can see, the sooner your customers pay, the higher your rebate and the lower the factoring fee.
Fee Plan Table
Plan 1
Minimum Transaction Value $50,000
Minimum Invoice Value $10,000
Customer Financial Strength AAA
Plan 2
All Other Transactions
Factoring Fee & Rebate Table
Fee Plans
Collection Period Plan 1 Plan 2
Number of Days Rebate Fee Rebate Fee
1 - 10 Days 19% 1% 18% 2%
11 - 20 Days 18% 2% 17% 3%
21 - 30 Days 17% 3% 16% 4%
31 - 40 Days 15% 5% 14% 6%
41 - 50 Days 13% 7% 12% 8%
51 - 60 Days 11% 9% 10% 10%
61 - 70 Days 9% 11% 8% 12%
71 - 80 Days 6% 14% 5% 15%
81 - 90 Days 3% 17% 2% 18%
Over 90 Days 0% 20% 0% 20%
Hypothetical Example
Fee Plan Plan 2
Transaction Amt $10,000.00
Advance Amt $8,000.00
Collection Period 21-30 Days
Fee 4%
Fee Amt $400.00
Rebate 16%
Rebate Amt $1,600.00
Rebates are funded daily, as available

  • 90% Advance Transactions
  • All new clients start factoring at an 80% Advance (see below). However, at our discretion, and after we have had sufficient collection experience to demonstrate that your customers pay their invoices within 60 days, maximum, you will be given the option to receive a 90% advance when you release your invoices on our extranet for us to process. But each transaction, for which you request a 90% advance, must meet all of the following conditions:
    • The total transaction amount, meaning the total of all invoices making up the transaction, must be $10,000 or greater
    • All invoices must have Net 30 day terms, or less
    • The customers being billed must have AAA credit
    If all these conditions are not met, a 90% Advance will not be available, and the transaction will be processed with an 80% Advance (see below). Rebates are only available for 80% Advance transactions and are not applicable for 90% Advance transactions. The Factoring Fee for 90% Advance transactions is a flat 10%.

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