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So if you have a $10,000 invoice with a factoring fee of 2 percent, you would owe a $200 factoring fee to the factoring company. Factoring fees can be fixed or tiered.
Bankrate insight. Some factoring fees are based on tiered rates. For instance, the factoring company may charge a starting rate of 2 percent up to 30 days and an additional 1 percent for every 10 ...
The selection of the proper index to use depends on the industry in which it is applied. For example, while CE, M&S or IC Index are typically employed for chemical process industries, the ENR (Engineering News-Record) construction index is used for general industrial construction and takes in account the prices for fixed amounts of structural steel, cement, lumber and labor.
[13] the U.S. Gulf Coast Petrochemicals Project is expected to create approximately 400 long-term direct jobs and 10,000 engineering and construction jobs, and increase ethylene production at the Cedar Bayou plant by 3.3 billion pounds per year. On April 2, 2014 the Cedar Bayou plant held a groundbreaking ceremony for the construction project.
The Gulf Coast of the United States, also known as the Gulf South or the South Coast, is the coastline along the Southern United States where they meet the Gulf of Mexico. The coastal states that have a shoreline on the Gulf of Mexico are Texas , Louisiana , Mississippi , Alabama , and Florida , and these are known as the Gulf States .
Inventories at the Gulf Coast stood at about 235 million barrels last week, about 7% higher than levels at the start of 2016 after the export ban was lifted.
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