The Financial Details

 

Transactional Invoice Factoring

We factor one (1) transaction per day, consisting of any number of invoices, by designating it as either Program "A" or Program "B" and we advance you either 80% or 90%, respectively. Another way of saying this is that we purchase your invoices either at a 20% (Program "A"), or 10% (Program "B") Discount from face value. Program "A" transactions are entitled to Rebates; Program "B" transactions are not, as detailed below.

 

Program "A"

  • 80% Advance Rate.
  • Rebates.
    The Rebate is your share of the unadvanced 20% discount, which is computed on a transaction-by-transaction basis, depending on how long it takes each transaction to "close," as a result of invoice collections, in accordance with the table, below.

Rebate & Factoring Fee Table

Collection Period
(Total Number of Days)
Your
Rebate
Factoring
Fee
1 - 10 Days 18% 2%
11 - 20 Days 17% 3%
21 - 30 Days 16% 4%
31 - 40 Days 14% 6%
41 - 50 Days 12% 8%
51 - 60 Days 10% 10%
61 - 70 Days 8% 12%
71 - 80 Days 5% 15%
81 - 90 Days 2% 18%
Over 90 Days 0% 20%

Program "B"

Rebates are not applicable for Program “B” transactions, which is reserved for High-Value Transactions & Financially Strong Customers.

  • Advance Rate: 90%
  • Minimum Transaction Value: $50,000
  • Minimum Invoice Value: $10,000
  • Customer Financial Strength: AAA
  • Factoring Fee: 10%

The Financial Details

 

Transactional Invoice Factoring

We factor one (1) transaction per day, consisting of any number of invoices, by designating it as either Program "A" or Program "B" and we advance you either 80% or 90%, respectively. Another way of saying this is that we purchase your invoices either at a 20% (Program "A"), or 10% (Program "B") Discount from face value. Program "A" transactions are entitled to Rebates; Program "B" transactions are not, as detailed below.

 

Program "A"

  • 80% Advance Rate.
  • Rebates.
    The Rebate is your share of the unadvanced 20% discount, which is computed on a transaction-by-transaction basis, depending on how long it takes each transaction to "close," as a result of invoice collections, in accordance with the table, below.

Rebate & Factoring Fee Table

Collection Period
(Total Number of Days)
Your
Rebate
Factoring
Fee
1 - 10 Days 18% 2%
11 - 20 Days 17% 3%
21 - 30 Days 16% 4%
31 - 40 Days 14% 6%
41 - 50 Days 12% 8%
51 - 60 Days 10% 10%
61 - 70 Days 8% 12%
71 - 80 Days 5% 15%
81 - 90 Days 2% 18%
Over 90 Days 0% 20%

Program "B"

Rebates are not applicable for Program “B,” which is reserved for High-Value Transactions & Financially Strong Customers.

  • Advance Rate: 90%
  • Minimum Transaction Value: $50,000
  • Minimum Invoice Value: $10,000
  • Customer Financial Strength: AAA
  • Factoring Fee: 10%