Business Financial Factoring Calculator

let factoringSteps = “”; const currencySymbol = “$”, fixedCurrency = “USD”; function calculateFactoring(){ factoringSteps=””; const invoiceAmount = parseFloat(document.getElementById(“invoiceAmount”).value); const factorFee = parseFloat(document.getElementById(“factorFee”).value) / 100; const advanceRate = parseFloat(document.getElementById(“advanceRate”).value) / 100; const fees = parseFloat(document.getElementById(“fees”).value); if (isNaN(invoiceAmount) || isNaN(factorFee) || isNaN(advanceRate) || isNaN(fees) || invoiceAmount <= 0 || factorFee <= 0 || advanceRate <= 0) { alert("Please enter valid positive values for all fields."); return; } const advanceAmount = invoiceAmount * advanceRate; const factorAmount = invoiceAmount * factorFee; const cashReceived = advanceAmount – factorAmount – fees; document.getElementById("cashReceived").value = formatCurrency(cashReceived); factoringSteps += `Inputs:
Invoice Amount: ${formatCurrency(invoiceAmount)}
Factor Fee: ${(factorFee * 100).toFixed(1)}%
Advance Rate: ${(advanceRate * 100).toFixed(1)}%
Additional Fees: ${formatCurrency(fees)}

`; factoringSteps += `Formulas:
Advance Amount = Invoice Amount × Advance Rate
Factor Amount = Invoice Amount × Factor Fee
Cash Received = Advance Amount – Factor Amount – Fees

`; factoringSteps += `Results:
Cash Received: ${formatCurrency(cashReceived)}
`; if (document.getElementById(“calculationStepsFactoring”).style.display === “block”) { document.getElementById(“calculationStepsFactoring”).innerHTML = factoringSteps; } } function resetFactoring(){ document.querySelectorAll(“#businessFinancialFactoringCalculator input”).forEach(el => el.value = “”); factoringSteps = “”; document.getElementById(“calculationStepsFactoring”).innerHTML = “

Not calculated yet.

“; } function toggleFactoringSteps(){ const s = document.getElementById(“calculationStepsFactoring”); const a = document.getElementById(“toggleArrowFactoring”); if (s.style.display === “none” || s.style.display === “”) { s.style.display = “block”; a.style.transform = “rotate(180deg)”; s.innerHTML = factoringSteps || “

Not calculated yet.

“; } else { s.style.display = “none”; a.style.transform = “rotate(0deg)”; } } function formatCurrency(n){ return currencySymbol + n.toFixed(2) + ” ” + fixedCurrency; }