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Brooklyn Invoice Factoring Costs & Prices - ProMatcher Cost Report

Brooklyn Invoice Factoring Costs & Prices

Brooklyn, New York.  The Brooklyn Invoice Factoring Cost Report is a concise report on everything you need to know about the cost of invoice factoring in the Brooklyn area.

Average Invoice Factoring Cost in Brooklyn


We have done a little research to find the average cost of invoice factoring in Brooklyn. Here are the average costs and prices reported back to us:

Cost of Invoice Factoring in Brooklyn, New York

3.04% for 30 day receivables (Range: 2.66% - 3.41%)
1.28% for 60 day receivables (Range: 1.13% - 1.43%)
1.3% for 90 day receivables (Range: 1.15% - 1.45%)
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Brooklyn Invoice Factoring Cost Data


Professionals in the Brooklyn area have provided information about how much invoice factoring cost(s). Here are some of the individual reports:
11226, Brooklyn, New York - April 26, 2018

Invoice Factoring

3.62 - 4.65 percent for 30 day receivables
This estimated fee includes invoice factoring staff hours. Cost accounts for payment advance for outstanding invoices (remaining balance received once invoice has been paid). Does not include 60 or 90 day receivables, setup charges, or consulting fees.

Reported by:
ProMatcher Research Team
10199, New York, New York - April 26, 2018

Invoice Factoring

3.16 - 4.07 percent for 30 day receivables
Staff hours for factoring is included in the cost. Does include selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. Fee excludes initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
07302, Jersey City, New Jersey - April 26, 2018

Invoice Factoring

2.47 - 3.18 percent for 30 day receivables
This is a general cost for factoring. Estimate takes into account upfront payment for 30-day receivables from the factor in exchange for percentage for factoring fee. Excludes initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
07510, Paterson, New Jersey - April 26, 2018

Invoice Factoring

2.50 - 3.22 percent for 30 day receivables
This factoring fee considers the cost of staff hours. Also includes selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. Cost estimate excludes initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
07208, Elizabeth, New Jersey - April 26, 2018

Invoice Factoring

2.52 - 3.24 percent for 30 day receivables
Fee includes staff hours for factoring. Items included: selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. Cost does not take into account initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
07722, Colts Neck, New Jersey - April 26, 2018

Invoice Factoring

2.48 - 3.19 percent for 30 day receivables
This cost includes factoring. Fee does include selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. Estimate does not account for initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
11566, Merrick, New York - April 26, 2018

Invoice Factoring

2.90 - 3.73 percent for 30 day receivables
Cost estimate considers staff hours for factoring. Fee estimate includes selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. Does not include initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
11366, Fresh Meadows, New York - April 26, 2018

Invoice Factoring

3.16 - 4.07 percent for 30 day receivables
Percentage includes manhours for factoring. Also includes selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. Cost does not take into account initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
10025, New York, New York - April 26, 2018

Invoice Factoring

4.31 - 5.55 percent for 30 day receivables
Estimated staff hours for factoring are included. Includes upfront payment for 30-day receivables from the factor in exchange for percentage for factoring fee. Cost does not include initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
08846, Middlesex, New Jersey - April 26, 2018

Invoice Factoring

2.48 - 3.19 percent for 30 day receivables
Includes staff hours for factoring. Cost accounts for selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. No initial setup fees and factoring periods longer than 30 days included.

Reported by:
ProMatcher Research Team
07102, Newark, New Jersey - April 26, 2018

Invoice Factoring

2.58 - 3.32 percent for 30 day receivables
Manhours for factoring are included in cost. Estimate includes selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. Items excluded: initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
10701, Yonkers, New York - April 26, 2018

Invoice Factoring

2.83 - 3.64 percent for 30 day receivables
Manhours for invoice factoring are included. Estimate includes payment advance for outstanding invoices (remaining balance received once invoice has been paid). However, it does not include 60 or 90 day receivables, setup charges, or consulting fees.

Reported by:
ProMatcher Research Team
07055, Passaic, New Jersey - April 26, 2018

Invoice Factoring

2.61 - 3.36 percent for 30 day receivables
Staff hours are included in this factoring estimate. Includes selling 30-day accounts receivable to factoring company for a percentage of the invoice payment. Cost does not account for initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
07644, Lodi, New Jersey - September 26, 2014

Invoice Factoring

1.10 to 1.40 percent for 60 day receivables
1.10 to 1.30 percent for 30 day receivables
1.15 to 1.45 percent for 90 day receivables
quick, easy and efficient

Reported by:
Dennis Huergo, Venture Cash Advance
10036, New York, New York - September 8, 2014

Invoice Factoring

1.15 to 1.45 percent for 60 day receivables
1.15 to 1.45 percent for 30 day receivables
1.15 to 1.45 percent for 90 day receivables
One time flat-fee paid on top of the money borrowed

Reported by:
Alex Washington, World Business Lenders
 
Free quotes from local invoice factoring companies near you.

Brooklyn Invoice Factoring Companies


World Business Lenders
120 West 45th Street 29th Floor New York, NY 10036, New York, NY
212 220 6005 |
Venture Cash Advance
183 Garibaldi ave, Lodi, NJ
201.300.8200 x 2029
Main Street Business Loans dba United Cash Solutions
217 Woodland Lakes Drive, La Grange, KY
502-222-8871
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Disclaimer: Costs and prices shown on the ProMatcher site are intended to be used as general information, not as guaranteed estimates. To obtain cost information relevant to your project, request a quote or estimate from a local service provider.
Invoice Factoring > Costs & Prices > New York > Brooklyn Invoice Factoring Costs & Prices

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