Factoring Costs can vary dramatically from lender to lender.  It is important to understand the total costs of factoring and when comparing quotes from different companies it is best to compare the total costs incurred in a year.

Headline rates can be misleading as certain companies will include all set up costs, audits, etc.. within the service fee whereas others will charge over and above the service fee for what they consider additional services. Headline factoring rates can therefore be misleading.

Smart Factoring Quotes offer some online advice on minimising factoring costs.