Interest Calculator

Commercial Terms
Advance Rate (% of Invoice Value)A
Interest 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
Interest ($)733 G=F*B*E/360
Factoring Commission ($)500 H=C*D
Total (Fees + Interest) ($)1233 I=G+H
Percentage of Turnover (%)1.23 J=I/D