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
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