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What is a Clover Capital Factor Rate?

A factor rate is a decimal number (like 1.2) multiplied by your advance amount to determine total repayment. A $10,000 advance at 1.2 factor means you repay $12,000 total.

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Related Questions

What is Clover Capital? How Does Clover Capital Work? Is Clover Capital a Loan? Who is Eligible for Clover Capital? What are Clover Capital Requirements?