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Using Facteon means no hidden
fees no unexpected charges or fine print. There is a one-time
charge of $195 for the UCC search and filing of your company.
This fee can be paid up-front or taken out of the first
transaction. There is an Optional overnight mail charge of $15.
Our rates are
determined as follows:
Plan Qualification
Table
|
Plan Name
|
Minimum Estimated
Monthly Transaction
Amount
|
Minimum
Individual
Invoice
Amount
|
Minimum
Starting
Invoice
Amount
|
| Plan A |
$50,000 |
$5,000 |
$20,000 |
| Plan B |
$20,000 |
$1,000 |
$5,000 |
| Plan C |
None |
None |
$1,000 |
|
| |
Factoring Fee Determination
Table
Collection
Period
(days) |
0-15 |
16-30 |
31-40 |
41-50 |
51-60 |
61-70 |
71-80 |
81-90 |
91+ |
Plan A
Rates |
2% |
2.5% |
4% |
5% |
6% |
7% |
10% |
12% |
15% |
Plan B
Rates |
3% |
4% |
5% |
6% |
8% |
9% |
11% |
13% |
15% |
Plan C
Rates |
4% |
5% |
7% |
8% |
10% |
12% |
15% |
15% |
15% |
|
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