Last Updated April 26, 2024
Interested in invoice factoring but are worried about the costs associated with it? We know that the unknowns of financing can be stressful, so we’ve put together an invoice factoring calculator to help you estimate your cash advances, factoring fees, and cash due to you at the end of the factoring process. Try the calculator below!
How to Use the Factoring Calculator
This invoice financing calculator is meant to make it easier to anticipate the costs of factoring. Follow the steps below to quickly and easily estimate your factoring fees:
- Input the value of all the invoices you plan on factoring.
- Input the factoring rate (sometimes referred to as the interest rate).
- Input the advance rate.
- Click calculate.
- Review the cash advance you can expect to receive, the factoring fee you can expect to pay, the cash that you can expect to receive once the invoice payments have been collected, and the total amount you would get by the end of the factoring process.
Ready to Start Factoring?
If you’ve calculated your invoice factoring costs and cash advances and you’re ready to start factoring, fill out our free quote form or give us a call today at +1 (205) 607-0811. Our representatives would be happy to discuss how altLINE can help improve your cash flow.
Angela is the Director of Online Marketing at altLINE where she manages content production, marketing and sales operations, and digital PR. Angela joined altLINE in 2022 after several years of working in digital marketing across various industries including financial services and B2B. Angela loves creating content that helps readers better understand their financing options and helps them make informed decisions about factoring. Her work has been featured in publications like Search Engine Journal and Moz.
