How We Calculate Your Fixed Fee
Our model at Soonr offers you certainty around pricing and security of availability. From the get go, you’ll know what your ongoing, monthly finance cost is going to be, all whilst being about to access your facility when and how you like.
To work out what your monthly fixed fee is, our team consider a few factors:
Average monthly revenue
How much you invoice in a normal month
Average debtors days
How long your customers normally take to pay your invoices
Debt to equity ratio
Think of that as what you own vs what you owe
From there, we’ll come back to you with what your monthly fee will be. It’ll be fixed and consistent, meaning you’re able to plan for your finance cost ongoing.
