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Tina Mark Posted on Oct 14, 2015
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What Are The Added Costs Incurred Apart From The Discount Rate On A/R Financing?

I want to know the costs that are charged other than discount rate on account receivable financing?

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Carol Terry

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  • The Master 332 Answers
  • Posted on Oct 14, 2015
Carol Terry
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Joined: Mar 11, 2015
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From time to time, based on specific conditions, a little research fee, or expedited lien search fee might be needed at that time a person accepts a funding source's good belief proposal. Each financing source includes a small charge for handing wire or ACH transfers.

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1answer

1917 defective items were returned and a credit for the retail price of 0.633 per item less a discount rate 5/8 of the retail price was given. What is the credit to be receive?

Multiply number of defective items by original cost then multiply by five and divide by eight to discover discount.

Original cost minus discount will give you the amount you seek.
0helpful
1answer

What Are The Other Costs Incurred Other Than The Discount Rate?

Every so often, based on specific situations, a small due diligence fee, or expedited lien search cost can be required at the time a client accepts a lender's proposal. Every business financing source has a small rate for handing wire or ACH transfers.
0helpful
2answers

If The Interest Rates Drop Down, Can I Re-Fix A Loan With A Fixed Rate?

Yes but really shop around. some have no closing costs, appraisal fee, loan fees, free no charge, not just financing closings costs into the loan total. All costs covered buy leander. No out of pocket costs. so shop around for the best rate and free closing costs.

Hope this helps Mike
0helpful
2answers

How's Invoice Factoring Not The Same As A/R Financing?

Invoice factoring goes by several names - A/R financing, AR invoice discounting and invoice financing. Regardless of what you refer to it as, the operation is exactly the same: you sell your invoices in a small discount to some invoice discounting company and get immediate cash for the business.
0helpful
1answer

Can I Modify My Payment Schedule On The Business Loan Having A Fixed Interest Rate?

You are able to switch to a principal and interest amortizing facility in order to a pursuit-in-advance facility in the finish of the fixed rate of interest term. When the payment type is transformed throughout the fixed rate of interest term, break costs might be incurred.
1helpful
2answers

How Can I Manage My Business Credit?

Business credit requires the proper control over business charge and credit card services. Correctly handled, these types of services can offer convenient use of capital, robust internet business tools and buying discount rates that assist in improving your companies buying energy, investing versatility and expense control.

You will find various charges and benefits connected with utilizing business credit tools including various APR charges along with other costs, in addition to various reward programs, for example travel, shopping discount rates, air travel incentives, dining discount rates, business supplies and much more.

You should know your options to ensure that you are able to choose the best business credit tools in addition to savings and reward programs.
0helpful
1answer

Omar bought a desktop computer and a laptop computer. Before finance charges, the laptop cost 400 less than the desktop. He paid for the computers using two different financing plans. For the desktop the...

Let us assume that
1.cost of desktop before finance charge is x 2.cost of laptop before finance charge is given that 400 less than cost of desktop before finance charge=x-400
Given that total finance charges for the year is 371
Given interst rate for desktop is 7.5%
interst rate for laptop is 8%
total finance charges=cost of desktop before interst*Interest Rate +cost of laptop before interst*interst rate
therefore 371=x*7.5% +(x-400)8%
371=0.075x +0.08x-32
371+32=0.155x
403. =0.155x
X. =2600
Therefore Cost of desktop before finance charge=2600
Cost of laptop before finance charge=2600-400=2200.
0helpful
1answer

Formulate Sheets for Price Analysis

This achieved like this.
In sheet one there is cell where you input discount percentage say for exaple it cell B5. Now this cell needsto formatted to percentage(click location B5 and then right click and select format cell .On number tag select percentage). Also in cell C5 put 75 and it will write 75% as it formated to show percentage.
Let us look at one product and then you can apply the same principle to all products.
Go to sheet2. This will contain full price in one cell and discount price.Let us say full price is in location B10 and you want the discounted price in C10.
Now if the discount is 30 % then obiously you are paying 75% of full price.
To display discount price in sheet2 at C10, you need to enter this formula in C10
C10*sheet2!$B$5
Now as soon as your the discount changes C10 will change to reflect the discount rate.


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