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Chicago Invoice Factoring Costs & Prices - ProMatcher Cost Report

Chicago Invoice Factoring Costs & Prices

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

Average Invoice Factoring Cost in Chicago


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

Cost of Invoice Factoring in Chicago, Illinois

2.55% for 30 day receivables (Range: 2.23% - 2.86%)
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Chicago Invoice Factoring Cost Data


Professionals in the Chicago area have provided information about how much invoice factoring cost(s). Here are some of the individual reports:
60607, Chicago, Illinois - April 26, 2018

Invoice Factoring

2.33 - 2.99 percent for 30 day receivables
This invoice factoring estimate takes into account staff hours. Includes payment advance for outstanding invoices (remaining balance received once invoice has been paid). Fee does not take into account 60 or 90 day receivables, setup charges, or consulting fees.

Reported by:
ProMatcher Research Team
60505, Aurora, Illinois - April 26, 2018

Invoice Factoring

2.25 - 2.90 percent for 30 day receivables
Fee includes manhours for invoice factoring. Also includes payment advance for outstanding invoices (remaining balance received once invoice has been paid). Cost estimate excludes 60 or 90 day receivables, setup charges, or consulting fees.

Reported by:
ProMatcher Research Team
60540, Naperville, Illinois - April 26, 2018

Invoice Factoring

2.29 - 2.94 percent for 30 day receivables
Cost estimate considers the fee of factoring. Fee accounts for 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
60436, Joliet, Illinois - April 26, 2018

Invoice Factoring

2.03 - 2.62 percent for 30 day receivables
Fee includes staff hours. No additional charge for upfront payment for 30-day receivables from the factor in exchange for percentage for factoring fee. Cost estimate excludes initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
 
Free quotes from local invoice factoring companies near you.

Chicago Invoice Factoring Companies


America Funding Lending
332 S. Michigan, Chicago, IL
800-773-4067 |
K-1 Financing, Inc.
La Grange, IL
708-223-2193 |
WARE ENTERPRISES
PO BOX 5552, Naperville, IL
3127724735 |
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Free quotes from local Invoice Factoring Companies
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 > Illinois > Chicago Invoice Factoring Costs & Prices

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