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Factor Salary
in Delaware, United States

$108,516 (USD)

Average Salary

$52/hr

Average Hourly

$5,404

Average Bonus

Salary Recap

The average pay for a Factor is $108,516 a year and $52 an hour in Delaware, United States. The average salary range for a Factor is between $75,952 and $134,793. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Delaware, United States.

Average Salary Chart

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Job Summary

Description:
  • Purchases, or factors, at a discount, accounts receivable from businesses needing operating capital.
  • Directs collection of facts about prospective client's business, such as credit rating of customers, evaluation of past losses, terms of sales, due dates, average amount of invoices, and expected volume and turnover of accounts receivable.
  • Evaluates data collected to determine type of factoring plan to propose and percentage of net face value of accounts to advance that will yield favorable profit margin and alleviate client's cash shortage.

Salary Potential

Estimated salary in 2024:
$125,800
5 Year Change:
16 %

Education

Education data not available for this job

Skills

Skills data not available for this job

Factor Job Listings for Delaware, United States

Mortgage Loan Originator
Nov 5
Wilmington, DE, USA
Mortgage Possible
... factor prohibited by federal, state, provincial, and municipal laws
;