Invoice Factoring Calculator
If you’re worried about the costs involved with invoice factoring, we have a solution for you. We’ve created an invoice factoring calculator specifically designed to address your concerns. Take advantage of this tool below and see how it works for yourself!
How Does Invoice Financing Work?
How To Use the Invoice Factoring Calculator
- Begin by entering the total value of the invoices you intend to factor.
- Specify the factoring rate (sometimes referred to as the interest rate).
- Indicate the advance rate (this is the initial percentage of the invoice amount that the factoring company will provide to you in advance).
- Proceed to click on the calculation button.
- Evaluate the estimated cash advance you can anticipate receiving, as well as the corresponding factoring fee you will incur.
- Assess the projected amount of cash you can expect to receive once the invoice payments have been collected.
- Finally, review the total sum you would receive upon completion of the factoring process.