Important Factors that Affect Your Quote

Your factor is going to look at the following.

Factoring companies look at many data points when assessing their risk of working with you. When factors are giving you a quote for their services some of the most important criteria for determining your rate are:

• Your company history and financial performance
• Your personal financial well-being
• The creditworthiness of your customers
• The length of time it takes your customers to pay
• Your industry or vertical