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Upon taking title to invoices, we immediately pay to the client a percentage of their total face value. This payment (called the "advance") typically falls between 70% and 85%. After successful collection of payment from the account debtors, Continuous Cash Flow subsequently remits the balance of the invoice amount(s) (called "the reserve") to the client, minus our earned fees.
Payment Collected in: |
Factoring Fees/ Discount rate: |
Reserve Rebated to Client: |
Total Payment to Client: |
Day 1 - 15 |
$ 2,000 / 2% |
$18,000 |
$98,000 |
Day 16 - 30 |
$ 4,000 / 4% |
$16,000 |
$96,000 |
Day 31 - 45 |
$ 6,000 / 6% |
$14,000 |
$94,000 |
Day 45 - 60 |
$ 8,000 / 8% |
$12,000 |
$92,000 |
Day 61 - 75 |
$10,000 / 10% |
$10,000 |
$90,000 |
Day 76 - 90 |
$12,000 / 12% |
$ 8,000 |
$88,000 |
We provide the above figures only for the purpose of illustration. While the fees shown here are by no means unusual, many advance/reserve transactions can vary significantly. |
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PO Box 265
Lyndhurst, NJ 07071-0265
Phone: 201.694.8883
Fax: 201.460.7190
Contact Us |
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