discount fee definition

discount fee definition

Glossary: discount fee

Discount Fee is the amount earned by a factor on each invoice purchased. Discount fee is based on the period of time the invoice remains outstanding (unpaid) and is set forth and agreed upon by both parties in the Discount Schedule.

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Business Consulting

Definition: discount fee

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The balance, less charges, is paid when the customer makes payment directly to the factor.

Factoring Glossary - Define: discount fee - 2004 HJ Ventures International, Inc.