How much does Accounts Receivable Financing Cost, and How are the Fees Determined?
First, Gateway’s rates are extremely competitive because we have been providing asset-based loans for over 30 years. Our rates are based on individual and specific circumstances — they depend on the size of your line of credit, the credit-worthiness of your customers, your average invoice size, average payment cycle, financing volume, company assets, and other elements. Because our rates are so competitive, we rarely lose any prospective deals based on rates. In general, the cost of financing is outweighed by its significant benefits: access to immediate cash, credit analysis, assistance with collection work, accounting services, and detailed accounts-receivable reporting. For more information on how much Gateway can loan your company, as well as the best rate we can provide your company, please call us toll free at 800-377-9730.