# 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 Card1 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?

**Your factorable funds are part of your spending power**  
 **Spend how you want, when you want**  
 **We optimize which invoices should be factored, if at all**  
 **Unlock savings based on how and when you factor**

## 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.

## 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 Card1 and your rate drops to 1%.

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The Outgo Card1 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 Card1 transactions qualify for 1.0% factoring?

Any purchase with your Outgo Card.

### 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.

# Get the platform built so you factor less

With Outgo, factoring fees are charged when you spend – so you can save with every transaction.