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 Dishonor Payment Fee Daily Default Interest
2% of the drawdown amount $3.85 $25 in the event of a failed Direct Debit 5% p.a. chargeable on the outstanding principal

Line of credit and trade finance

Typical Establishment Fee* Direct Debit Fee Dishonor Payment Fee Daily Default Interest
1.5% of the drawdown amount $3.85 $25 in the event of a failed Direct Debit 5% p.a. chargeable on the outstanding principal

Secured Business loan

Typical Establishment Fee* Direct Debit Fee Dishonor Payment Fee Daily Default Interest
2% of the drawdown amount $3.85 $25 in the event of a failed Direct Debit 5% p.a. chargeable on the outstanding principal

Equipment, car, truck and trailer finance

Product Establishment Fee Direct Debit Fee Dishonor Payment Fee Daily Default Interest
Equipment finance/vehicle finance documentation fee $499 N/A $25 in the event of a failed Direct Debit 5% p.a. chargeable on the outstanding pincipal

Other Fees

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