Factoring of sales

richiebkerry
Registered Posts: 45 Dedicated contributor 🌟 🐵 🌟
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
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
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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.0