Interest Calculator

Commercial Terms
Advance Rate (% of Invoice Value) A
Interest Rate (% pa) B
Factoring Commission (% flat of Invoice Value) C
Sample Invoice
Invoice Value ($) D
Duration (days) E
Calculations
Amount Advanced ($) 80000 F=A*D
Interest ($) 933 G=F*B*E/360
Factoring Commission ($) 700 H=C*D
Total (Fees + Interest) ($) 1633 I=G+H
Percentage of Turnover (%) 1.63 J=I/D