Home For accounting professionals General accounting discussion
Current updates regarding coronavirus (Covid-19) and the precautions AAT are taking will be continually updated on the below page.

Please check this link for the latest updates:
We hope you are all safe and well and if you need us we will be here. 💚


Factoring of sales

richiebkerryrichiebkerry Settling In NicelyRegistered Posts: 45
Hello, does anybody have any ideas on what % rate of deduction a factoring company will typically charge?

I have seen some charge 2% and just want to benchmark against what other members have seen. Rates and companies would be really helpful.

Richard

Comments

  • richiebkerryrichiebkerry Settling In Nicely Registered Posts: 45
    Thanks @mrme89, I know it's all dependant on various factors and thus perceived risk. Just really wanted a gauge of %'s people have had/used. Thanks again for helping.
Sign In or Register to comment.