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Merrick Invoice Factoring Costs & Prices - ProMatcher Cost Report

Merrick Invoice Factoring Costs & Prices

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

Average Invoice Factoring Cost in Merrick


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

Cost of Invoice Factoring in Merrick, New York

3.31% for 30 day receivables (Range: 2.89% - 3.72%)
Free Estimates from Local Pros
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Merrick Invoice Factoring Cost Data


Professionals in the Merrick area have provided information about how much invoice factoring cost(s). Here are some of the individual reports:
11566, Merrick, New York - December 16, 2019

Invoice Factoring

2.90 - 3.73 percent for 30 day receivables
Cost estimate considers staff hours for factoring. Fee estimate includes purchase of 30-day accounts receivable by a 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
07510, Paterson, New Jersey - December 16, 2019

Invoice Factoring

2.50 - 3.22 percent for 30 day receivables
This factoring fee considers the cost of staff hours. Also includes purchase of 30-day accounts receivable by a 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
10025, New York, New York - December 16, 2019

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 in exchange for portion of the invoice amount. Cost does not include initial setup fees and factoring periods longer than 30 days.

Reported by:
ProMatcher Research Team
10199, New York, New York - December 16, 2019

Invoice Factoring

3.16 - 4.07 percent for 30 day receivables
Staff hours for factoring is included in the cost. Does include purchase of 30-day accounts receivable by a 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
07055, Passaic, New Jersey - December 16, 2019

Invoice Factoring

2.61 - 3.36 percent for 30 day receivables
Staff hours are included in this factoring estimate. Includes purchase of 30-day accounts receivable by a 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
07102, Newark, New Jersey - December 16, 2019

Invoice Factoring

2.58 - 3.32 percent for 30 day receivables
Manhours for factoring are included in cost. Estimate includes purchase of 30-day accounts receivable by a 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
07208, Elizabeth, New Jersey - December 16, 2019

Invoice Factoring

2.52 - 3.24 percent for 30 day receivables
Fee includes staff hours for factoring. Items included: purchase of 30-day accounts receivable by a 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
08846, Middlesex, New Jersey - December 16, 2019

Invoice Factoring

2.48 - 3.19 percent for 30 day receivables
Includes staff hours for factoring. Cost accounts for purchase of 30-day accounts receivable by a 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
11366, Fresh Meadows, New York - December 16, 2019

Invoice Factoring

3.16 - 4.07 percent for 30 day receivables
Percentage includes manhours for factoring. Also includes purchase of 30-day accounts receivable by a 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
10701, Yonkers, New York - December 16, 2019

Invoice Factoring

2.83 - 3.64 percent for 30 day receivables
Manhours for invoice factoring are included. Estimate includes advanced payment of outstanding invoice by a factoring service. However, it does not include consulting fees and startup costs.

Reported by:
ProMatcher Research Team
07722, Colts Neck, New Jersey - December 16, 2019

Invoice Factoring

2.48 - 3.19 percent for 30 day receivables
This cost includes factoring. Fee does include purchase of 30-day accounts receivable by a 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
11226, Brooklyn, New York - December 16, 2019

Invoice Factoring

3.62 - 4.65 percent for 30 day receivables
This estimated fee includes invoice factoring staff hours. Cost accounts for advanced payment of outstanding invoice by a factoring service. Does not include consulting fees and startup costs.

Reported by:
ProMatcher Research Team
07302, Jersey City, New Jersey - December 16, 2019

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 in exchange for portion of the invoice amount. Excludes 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.

Merrick 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 > Merrick Invoice Factoring Costs & Prices

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