Factor smarter and save with 1.0% rates
Savings are built into the factoring platform so you can save while factoring.
Your ways to save
1.0% factoring on Outgo Card purchases
1.0% factoring when you wait
When you choose to factor, you're charged an industry-low factoring fee, but if you decide not to factor, at Day 30 your rate drops to 1%.
How is factoring with Outgo different?
Factoring with Outgo is flexible so you can spend smarter and save
Your factorable funds are part of your spending power](https://outgo.dat.com/smart-factoring#spending-power) Spend how you want, when you want](https://outgo.dat.com/smart-factoring#funds-on-demand) We optimize which invoices should be factored, if at all](https://outgo.dat.com/smart-factoring#invoices) Unlock savings based on how and when you factor](https://outgo.dat.com/smart-factoring#unlock-savings)
How it works
Funds are added to your spending power
Rather than automatically factoring all of your invoices immediately, your funds are available for you to spend on demand.
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Spend these funds on demand how and when you want
Because factoring is on demand, you’re not charged a fee until you choose to spend. This way you’re in control of how you factor so you can get the best rate.
Your max rate is determined by your monthly invoicing volume.
What’s my max rate?
We pick the best invoice so you can save
When you make a transaction, we always assume you don’t want to factor and we always pick the best invoice to factor so you can unlock the most savings.
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Unlock savings based on how and when you factor
Factor on demand from your factorable funds with your Outgo Card and your rate drops to 1%.
Learn more about the Outgo Card
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The Outgo Card isn’t the only way to lower your rate to 1.0%.
Wait until day 30 and your funds are automatically factored at 1.0%, guaranteed.
FAQs
What Outgo Card transactions qualify for 1.0% factoring?
Any purchase with your Outgo Card.
Drop your factoring rate to 1.0% on Outgo Card purchases and save on every purchase.
How easy is it to cancel my plan?
Our agreements are flexible. We don’t require annual contracts.
You may cancel our agreement at any time and we require a 15-day notice. To cancel, you’ll need to either buy out any invoices that we’ve processed on your behalf, or work with another factoring company to buy them out.
We will work with any factoring company to make your transition as easy as possible. We’ll even help you review your new contract with them. We’re always looking out for you, even if you decide to cancel your account with Outgo.