Fees

Fees

If you’re considering finance for your business, we’d like you to be aware of the fees that could be charged. Fees are associated with the set up and management of your business finance accounts.

 

Merchant Cash Advance

Amount Borrowed	Processing Fee	Origination Fee	Monthly Cashplus fee (if applicable)
Up to £9,999	£249	3%	£25
£10,000 – £29,999	£349	3%	£25
£30,000 – £49,999	£449	3%	£25
£50,000 – £99,999	£549	3%	£25
£100,000 plus	£649	3%	£25

 

Business Loan

Amount Borrowed	Processing Fee	Origination Fee	Monthly Service Fee
Up to £9,999	£249	3%	£24.90
£10,000 – £29,999	£349	3%	£24.90
£30,000 – £49,999	£449	3%	£24.90
£50,000 – £99,999	£549	3%	£24.90
£100,000 plus	£649	3%	£24.90

Monthly Service Fees will be charge on a pro-rata basis either daily or weekly dependent on the type of loan.

Last updated: 26/10/2020