Invoice Factoring Deal Worksheet
Fill this sheet out to compare factoring offers and see your net cash from one invoice.
BFCBrilliance · bfcbrilliance.com/tools/invoice-factoring-fee-calculator
Deal details
- Date
- Client
- Invoice amount
- Advance rate
- Fee rate per 30 days
- Days outstanding
Calculate each invoice
| Invoice amount | Advance rate | Fee rate | Days outstanding | Upfront cash | Total fee |
|---|---|---|---|---|---|
Tool constants
- Fee period used
- 30 days
- Upfront cash formula
- invoice amount × advance rate ÷ 100
- Fee formula
- invoice amount × fee rate × days ÷ 30 ÷ 100
Before you sign
- Check for minimum fees
- Check for wire or ACH charges
- Check whether the reserve is held until customer payment
- Check whether the fee compounds or stays simple
Common mistake
A low advance rate can look fine until you compare the fee and the reserve release. Always compare the net cash you actually keep, not just the headline percentage.