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 & 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

Typical Establishment Fee Direct Debit Fee Dishonor Payment Fee Daily Default Interest
$499 N/A $25 in the event of a failed direct debit 5% p.a. chargeable on the outstanding principal
   
*Fees may vary depending on the circumstances of your individual application and accordingly to different acquisitions.

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

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