Fees guide

Our product fees are as follows. All fees and full cost of facility is clearly disclosed in the loan agreement.

Term Loan

Typical Establishment Fee*

Direct Debit Fee

Dishonour Payment Fee

Daily Default Interest

2% of the drawdown amount$3.85 $25 in the event of a failed Direct Debit5% p.a. chargeable on the outstanding principal

Line of credit and trade finance

Typical Establishment Fee*

Direct Debit Fee

Dishonour Payment Fee

Daily Default Interest

1.5% of the drawdown amount$3.85 $25 in the event of a failed Direct Debit5% p.a. chargeable on the outstanding principal

Secured business loan

Typical Establishment Fee*

Direct Debit Fee

Dishonour Payment Fee

Daily Default Interest

2% of the drawdown amount$3.85 $25 in the event of a failed Direct Debit5% p.a. chargeable on the outstanding principal

Equipment, car, truck and trailer finance

Product

Establishment Fee

Direct Debit Fee

Daily Dishonour Payment Fee

Daily Default Interest

Equipment finance/vehicle finance documentation fee$499 NA $25 in the event of a failed Direct Debit5% p.a. chargeable on the outstanding principal

Other fees

– Mortgage registration (for secured loans)
– at cost Valuation fee (for second-hand equipment finance, private sale and secured loans)
– at cost Recovery fees (in event of default)