discount rate definition

discount rate definition

Glossary: discount rate

Discount Rate is the percentage of the face value of an invoice that a factor holds as its fee.

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Business Consulting

Definition: discount rate

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 service is disclosed to your customer who typically receives a letter from the factor, or attached note to your invoice, containing payment instructions to the factor.

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