A factor rate is a method of calculating business borrowing costs. Calculate your repayment cost by multiplying the factor rate by your loan amount. Factor rates can result in higher total costs than ...

Many factors impact business loan costs, including interest rates, repayment terms, loan amounts and lender fees. Some business loans charge a factor rate, which can result in high borrowing costs.

A factor rate is simple to calculate but can result in higher costs on short-term loans Written By Written by Staff Loans Writer, Buy Side Emily Sherman is a staff loans writer for Buy Side, covering ...