A factor rate is a method of calculating business borrowing costs. Calculate your repayment cost by multiplying the factor ...

Factor rates are often used for merchant cash advances and short-term loans. Here’s how to convert them into interest rates to better understand the cost of financing. Many, or all, of the products ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

A currency exchange can help you turn Canadian dollars into foreign currencies. Understanding how to get the best currency exchange rates can save you time and money. Many or all of the products on ...