Factoring calculator

What factoring really costs you

Updated October 21, 2026

Compare factoring, a broker's quick pay and waiting for normal terms on the same month of loads. You see the fee in dollars, the cash you have by day three and what the fee would be as a yearly interest rate.

Your loads

These start as example numbers. Put in your own.

Gross billed per month Loads per month Days your brokers take to pay

Factoring offer

Factoring rate, percent of each invoice Advance, percent paid up front Fee per payment sent to you Monthly or account fees

Broker quick pay

Quick pay fee, percent Days to get paid with quick pay

	Factoring	Wait for terms
Fee each month		$0
Fee each year		$0
Paid after	1 day
Cash from a month of loads by day three
As a yearly interest rate		None

What it means

How the numbers work

Fee each month is the rate times your gross, plus the payment and account fees.
The yearly interest rate treats the fee as the cost of getting your money early: the fee divided by the cash you get early, spread over the days you would have waited.
With an advance under 100%, the rest is held as a reserve and paid when the broker pays. It isn't counted as cash by day three.
Recourse matters as much as the rate: with recourse, an unpaid invoice comes back to you.

Of 43 factoring companies' own pages, 13 publish a rate, and most of those are starting rates. Ask for the rate you'll pay in writing. Compare factoring companies

Frequently asked questions

How does the factoring calculator work?

Enter your monthly gross, loads and broker payment terms, then the factoring and quick pay offers you have. The table compares factoring, quick pay and waiting for terms by fee, payment speed, cash by day three and the fee as a yearly interest rate. The inputs start as example numbers, so replace them with your own.

How is the yearly interest rate worked out?

The calculator treats the fee as the cost of getting your money early. It divides the fee by the cash you get early and spreads it over the days you would have waited.

What happens with an advance under 100%?

The rest of the invoice is held as a reserve and paid when the broker pays. The calculator doesn't count it as cash by day three.

Does the calculator account for recourse?

No. Recourse matters as much as the rate: with recourse, an unpaid invoice comes back to you.