APR vs INTEREST RATE vs Factor Rate? What’s the Difference
Context: This Blog will talk about the difference between APR set by MCAs and the traditional Interest Rate imposed by financial bank. APR vs. Interest Rate vs. Factor Rate: Deciphering the Financial Jargon Navigating the labyrinth of business financing can feel like deciphering an ancient script. Among the myriad of terms, APR, interest rate, and […]
