What is factoring going to cost my company?
The cost depends on two main factors: the size of the account and the perceived risk. We quote a specific discount rate on a client-specific basis. The discount rate will generally be four to six percent of the face amount of the accounts receivables purchased by us, and we will advance seventy to eighty percent of the face amount at the time of purchase less the discount rate mentioned above. Upon collection of the receivable, Pendleton Capital will forward the balance of the receivable, less the discount rate mentioned above.
