Factoring Costs

In the case of collection management, a commission is charged, this being a percentage on the face value of the invoices that the factor is responsible for collecting.
The commission will be determined on the spread of the amounts, the number of account debtors assigned and experience.

In the case of risk appraisal, the consideration is usually a fixed fee for each evaluation requested.

Financing services are remunerated by means of a rate of interest on the sums advanced by the factor, on the basis of the time elapsed from the moment of delivery until the time of collection, and will depend on market rates at the time.

If assignment to obtain funding is performed on the basis of invoices or other credit securities that require notification to the account debtor, the notary public’s fees must be added to these costs.