A transaction fee is charged because there are certain costs associated to ensure high quality in our technology-driven approach and the convenience of having quick funding compared to other forms of financing.
There are 3 modes of payment you can select from for your transaction fees: per drawdown, monthly and upfront.
You may check the pricing table below to compare rates:
Mode of Transaction Fee Payment | Cost |
Processing fee per drawdown |
2% per drawdown |
Monthly Subscription |
3% of Credit Line payable monthly |
Upfront Subscription |
2.4% of Credit Line paid only once during the 6 month term validity |
Should you opt for a subscription fee whether monthly of upfront, a Subscription Fee contract will be sent to you for your signature.