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Right decision would have to be given at the right time if harmonious growth in business is sought. It then takes us to furnish you with correct info,
Cost of Factoring |
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Cost depends on the agrement you and Factor. This is becouse diversity of Factoring System. Factoring costs are as follows:
1. Financing Cost Financing cost is the rate specified according to prevailing conditions of the market that is applied for term starting from pre-payment date lasting until recollection of funds utilized. Financing cost is invoiced to the customer from number of days used over rate of the factoring fee. 2. Factoring Commission For checking credibility, risks undertaking and management of collecting funds, Factor charge commission over funds rate transferred; tris rate of commission which determined subject to number of recipients involved, risk borne by recipient/s, number and magnitude of invoice/s, terms as well as annual turnover contracted by the seller. |
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What is Factoring Tracks funds collection undertaken by us with respect to your rates receivable and since Management is arranged by us, shall give rise to easier management of cash flow;  |
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