The proportion of factoring financing in domestic non-recourse factoring business

Commercial factoring companies change due to factoring business, and the financing ratio is about 9%- 16%. The source of factoring financing is the self-owned funds of commercial factoring companies. If its own funds are insufficient, the financing channels of commercial factoring companies are mainly banks. The benchmark interest rate for short-term bank loans is 6.5%. Assuming that a commercial factoring company can raise money from the bank at an interest rate of 7%, the gross profit margin of the factoring business of the commercial factoring company is about 2%-9%, but the business cycle of the commercial factoring company is short, the capital utilization rate is high, and the factoring business is charged a handling fee, so the income is much higher than 2%-9%.