Factoring fees are obtained as a result of adding interest, commission and taxes against the financing provided. Interest rates are determined according to market conditions and the number of maturity days of the receivable you want to turn into cash.
Commissions vary according to the risk undertaken as a result of the credibility study. The risk premium is determined according to the financial structure of the issuer and the customer and commission rates are applied accordingly.
The tax collected during the transactions is the Bank Insurance Transaction Tax. This tax is applied at the rate of 5% of the total amount of interest and commission to be deducted from the check amount.