Preliminary Factoring and Purchase Order Financing Quote

Thank you for your interest in receiving a factoring and purchase order financing quote. The following tables will allow you to determine your approximate advance and discount for the US and for Canada. We will review your information and provide you with a more accurate quote within 24 hours.

Note that the cost of purchase order financing is about 1% to 2% higher than the factoring cost. To speak with a financing specialist, please call us toll-free at (877) 300 3268.

USAFactoring Terms – US only
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Industry Monthly Volume Advance Monthly Factoring Cost
General Business Under $10,000 70% – 80% 3% -5%
General Business $10,000 – $400,000 75% – 90% 1.15% – 3%
General Business Over $400,000 80% – 90% 1.15% or lower
Staffing Under $10,000 80% – 90% 3% – 5%
Staffing $10,000 – $400,000 90% or more 1% – 3%
Staffing Over $400,000 90% or more 1.15% or lower
Transportation Under $10,000 90% 3% – 5%
Transportation $10,000 – $400,000 90% – 98% 1.15% – 3%
Transportation Over $400,000 90% – 98.5% 1.15% or lower
Medical Over $40,000 60% – 80% 3% – 4%
Construction Over $50,000 70% – 75% 2.5% – 3.5%
PO Financing Over $50,000 Varies About 3% of net funds

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CanadaFactoring Terms – Canada only

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Industry Monthly Volume Advance Monthly Factoring Cost
General Business Under $10,000 70% – 80% 3% – 5%
General Business $10,000 – $400,000 75% – 85% 1.9% – 3.5%
General Business Over $400,000 70% – 85% Less than 1.9%
Staffing Under $10,000 80% – 90% 3% – 5%
Staffing $10,000 – $400,000 90% 1.9% – 3.5%
Staffing Over $400,000 90% Less than 1.9%
Transportation Under $10,000 93% – 97% 3% – 5%
Transportation $10,000 – $400,000 93% – 98% 1.9% – 3.5%
Transportation Over $400,000 90% – 97.5% Less than 1.9%
Construction Over $100,000 60% to 80% 3% – 5%
PO Financing Over $50,000 Varies About 3% of net funds

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Disclaimer: These numbers represent averages and are provided for informational purposes only. We can provide you with a specific quote after receiving a valid application and performing all due diligence. Final quotes may differ from these numbers, as many business variables may affect a quote.

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