### Charges Calculator

| Commercial Terms |   |   |
| --- | --- | --- |
| Advance Rate (% of Invoice Value) |   | A |
| Discount Rate (% per annum) |   | B |
| Factoring Commission (% flat of Invoice Value) |   | C |

| Sample Invoice |   |   |
| --- | --- | --- |
| Invoice Value ($) |   | D |
| Duration (days) |   | E |

| Calculations |   |   |
| --- | --- | --- |
| Amount Advanced ($) | 80000 | F=A*D |
| Discount Amount ($) | 733 | G=F*B*E/360 |
| Factoring Commission ($) | 500 | H=C*D |
| Total Charges (Discount Amount + Factoring Commission) ($) | 1233 | I=G+H |
| Percentage of Turnover (%) | 1.23 | J=I/D |