Factor
Factor
A factor is a company that purchases or finances another company's accounts receivable. The factor provides upfront payment at a discounted rate to the business, and then assumes responsibility for collecting the accounts. A business that wishes to convert its accounts receivable into cash more quickly would contract with a factor.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed | 4.83 |
| 15 yr fixed |
4.39 |
| 5/1 ARM | 3.69 |
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