A factor rate is a method of calculating business borrowing costs. Calculate your repayment cost by multiplying the factor ...

To outsiders and those new to investing, one of the biggest barriers to the financial world is that it often seems like it has its own language. If you tune into CNBC, Bloomberg or Fox Business for ...

The simple way to calculate your money factor is to multiply the quoted money factor by 2400. For example, if the money factor is 0.006, the Annual Percentage Rate will be (0.006) x 2400 = 14.4%. You ...

Factor rates are a fixed fee multiplied by the entire loan up front, which means that you’ll pay the entire fee even if you pay the loan off early To compare loans with traditional interest rates and ...