Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Factor rates are often used for merchant cash advances and short-term loans. Here’s how to convert them into interest rates to better understand the cost of financing. Many, or all, of the products ...

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 ...

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 ...