Administrative charges /factoring fees

This is charged towards providing various services to the clients namely

(a) sales ledger administration

(b) credit control including processing, operational overheads and collection of

debts

(c) providing, protection against bad debts.

This charge is usually some percent of the projected sales turnover of the client
for the next twelve months. It varies between 1 to 2.5 percent of the projected
turnover.

2. Discount charges

This is levied towards providing instant credit to the client by way of

prepayment. This is normally linked with the base rate of the parent company
or the bank from which the factoring institution is borrowing money, say, 1 to
2.5 percent above the said rate.

Administrative charges This is charged towards providing various services to

the clients namely

(a) sales ledger administration

(b) credit control including processing, operational overheads and collection of

debts

(c) providing, protection against bad debts.

This charge is usually some percent of the projected sales turnover of the client
for the next twelve months. It varies between 1 to 2.5 percent of the projected
turnover.
This is levied towards providing instant credit to the client by way of
prepayment. This is normally linked with the base rate of the parent company
or the bank from which the factoring institution is borrowing money, say, 1 to
2.5 percent above the said rate.

harges /factoring fees

This is charged towards providing various services to the clients namely

(a) sales ledger administration

(b) credit control including processing, operational overheads and collection of

debts

(c) providing, protection against bad debts.

This charge is usually some percent of the projected sales turnover of the client
for the next twelve months. It varies between 1 to 2.5 percent of the projected

This is levied towards providing instant credit to the client by way of

prepayment. This is normally linked with the base rate of the parent company
or the bank from which the factoring institution is borrowing money, say, 1 to
2.5 percent above the said rate.