Transparent Fee Structure
- Fees charged to borrowers are based on the risk band, type of loan and term to maturity.
- Loan application fee – FREE! There is no charge and no obligation when you provide your borrower profile.
- Due diligence fee – 1% of the loan value up to a maximum of Kc 20 000 and subject to a minimum of Kc 2 000. This covers the costs we incur to gather records from credit bureau and official government agencies.
- Site listing fee – FREE! We don’t charge for listing your loan on our site.
- Loan origination fees are charged only if and when your loan is funded and you actually decide to accept the loan offer. In other words – if you don’t get a loan, you don’t pay us!
- DUE DILIGENCE FEE SCHEDULE
| Type / Grade of Loan | A | B | B |
| Minimum fee | 2 000 Kč | 3 000 Kč | 4 000 Kč |
| Business Loan / Enterprise Loan | 1,0 % | 1,0 % | 1,0 % |
| Development Loan | 1,5 % | 1,5 % | 1,5 % |
| Maximum fee | 10 000 Kč | 10 000 Kč | 10 000 Kč |
- ORIGINATION FEES
| Type / Grade of Loan | A | B | B |
| Business Loan / Enterprise Loan – 24 months | 1,5 % | 2,0 % | 2,5 % |
| Business Loan / Enterprise Loan – 36 months | 2,0 % | 2,5 % | 3,0 % |
| Business Loan / Enterprise Loan – 48 months + | 3,0 % | 3,5 % | 3,5 % |
| Development Loan – 24 months | 2,0 % | 2,5 % | 3,0 % |
| Development Loan – 36 months | 2,5 % | 3,0 % | 3,5 % |
| Development Loan – 48 months | 3,5 % | 3,5 % | 4,0 % |
Good borrower rewards of the borrower that makes all payments on time 25% of the origination fee is refunded.
RISK WARNING
By borrowing money you expose your business to risks. Cash flow generated by your business that might otherwise be available for purchases of new equipment, investment in to growth projects and salaries and bonus for employees and owners must be used to meet your loan obligations. If you fail to repay your loans on time creditors may pursue debt recovery through legal means that could ultimately cause your business to be placed into insolvency. You should always consider your borrowing needs carefully, borrow only what you believe your business can repay and take advice from qualified financial professionals. For more information, read our Borrower Risk Warning.