$45.00
This franchise is for a business that offers factoring and other financing services. Factoring is the purchase of a business client’s accounts receivable for immediate cash at a discount. There is typically a base “Discount Fee,” which is calculated as a percentage of the client’s accounts that are outstanding for a specified base time period. Fees may also include an additional “Daily Fee,” which is calculated as a percentage of the client’s accounts that are outstanding for longer than the base time period.
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