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 Debit5% 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 Debit5% 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 Debit5% p.a. chargeable on the outstanding principal

Equipment, car, truck and trailer finance

Product

Establishment Fee

Direct Debit Fee

Daily Dishonor 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 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