"Don´t let receivables limit your growth."
There are no fees for opening and closing an account.
Typically, our fee is one tenth of one percent (0.1%) per day of the invoice face value, but it can vary based on the fee structure you select.
Here’s a basic example illustrating our fee calculation:
Invoice face value |
$1,000.00 |
|
Holding fee deposit |
$100.00 |
|
Advance or cash to disburse |
$900.00 |
Within 8 business hours, $900.00 is transferred into your bank account. |
Your reserve or holding fee |
$100.00 |
If the invoice is paid in 25 days
A fee of 0.1% per day |
$25.00 |
|
Rebate |
$75.00 |
$75 will be disbursed into your account. |
Depending on the industry you are in, we offer few different fee structures.
No, we have no extra or hidden charges. The clearly stated and agreed upon fee is the only fee that you will pay.
No, there are no monthly fees because your IPS account is on a “use it as you need it” basis.
No, because you are assigning your invoices at a fee discount to get the benefit of an early payment.
