Last updated on March 2nd, 2021 at 03:37 pm
What Is A Discount Fee or Charge In Invoice Finance?
If you decide to use an Invoice Finance facility for your business, then you may have to pay a Discount Fee/Charge. The discount fee is usually referring to any interest charged on monies draw down on the facility. This is usually an annual interest rate, calculated on a daily basis dependant on usage. However how its calculated may vary from lender to lender.« Back to Glossary Index