Selecting APR Values

The allowable APR range that limits what you can select when creating campaigns and enrolling suppliers is controlled by payables discounts administrators. This limitation ensures that the APR is within the parameters of the program.

Here’s an example of why this is a good thing. Say that your company arranges financing to cover the additional funding requirements for the accelerated payments. The APR on the loan is 6%, so the administrator sets the minimum APR as 10%. This prevents you from offering any discounts that aren't lucrative for your company.