| Commercial Terms | ||
|---|---|---|
| Advance Rate (% of Invoice Value) | A | |
| Discount Rate (% per annum) | B | |
| Factoring Commission (% flat of Invoice Value) | C | |
| Sample Invoice | ||
|---|---|---|
| Invoice Value ($) | D | |
| Duration (days) | E | |
| Calculations | ||
|---|---|---|
| Amount Advanced ($) | 0 | F=A*D |
| Discount Amount ($) | 0 | G=F*B*E/360 |
| Factoring Commission ($) | 0 | H=C*D |
| Total Charges (Discount Amount + Factoring Commission) ($) | 0 | I=G+H |
| Percentage of Turnover (%) | 0 | J=I/D |