Factor Rate: A factor rate is a financial tool used to calculate business financing costs, such as invoice factoring or a merchant cash advance. This rate shows interest owed on business financing and is...
Factoring Company: A factoring company, also known as a “factor,” is a financial institution that provides financing to businesses by purchasing their accounts receivable at a discounted rate. In other words, the factor buys...
Freight Factoring: Freight factoring, also referred to as freight bill factoring or trucking factoring, is a financial service tailored specifically for transportation carriers and freight brokers. It serves as a specialized form of factoring....
