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How much does invoice factoring cost?

The cost for invoice factoring is split in to three key areas. A set up fee for the administration of establishing the facility. The service fee covers the management and admin costs related to your account and is charged as a percentage of your gross turnover.

Finally the finance fee is the cost of the money you draw down and is charged daily against your outstanding balance.

All reputable finance providers will be transparent about the fees and costs related to the facility prior to signing the agreement.