The fees for accounts receivable financing business are divided into financing fees, management fees and other fees.
(1) The interest rate of financing fees
It shall be implemented with reference to the interest rate regulations of different banks’ credit business types. (For example, short-term loan interest rate: 5.60 annual interest rate for loans within six months (including 6 months), which will generally increase by 5-10 based on risk adjustment)
(2) Management fee rate
p>The management fee rate will be determined based on factors such as the accounts receivable financing model, risk level, management costs and other factors. The charging standard should be stipulated in the accounts receivable pledge contract, which is generally 0.2-1.5 of the amount, and will be collected in one lump sum when the first financing amount is released. The management fee can be increased by agreement with the seller, and in principle no reduction or reduction is allowed.
(3) Other expenses
Refers to other related expenses that may be incurred in the process of financing accounts receivable, including acceptance fees, credit investigation fees, attorney fees, litigation fees, etc. , charged according to actual situation.
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