PRICING

General

Service Fee Explanation
Register account free -
Deposit funds free note: you bank may charge costs for transferring funds
Withdraw funds free note: your bank may charge costs for receiving funds
Interest paid  0.00% no interest will be paid on balance held in your account

 

Investors

All below fees are in NZD and including 15% VAT (GST)

Service  Fee Explanation
Monthly management fee 0.10% calculated from outstanding amount, held back from payment
Admin fee incidental payments 0.50% calculated from transaction amount, held back from payment
Sell investment via Seconday Market 0.50% held back from transaction amount
Buy investment via Secondary Market 0.50% paid on top of transaction amount

 

Fundraisers

All below fees are in NZD and excluding 15% VAT (GST)

Service  Fee Explanation
Application fee (fixed) 450 charged wihen fundraise application is submitted
Publication & contract fee (fixed) To be agreed charged when fundraise application is approved, held back from payment
Succes fee (variable) 2.50% calculated from funds successfully raised, held back from payment
Monthly handling fee 0.06% added on top of period payments processed, charged from principal amount
Handling fee incidental payments 0.50% calculated over and added on top of transaction amount
Late payment penalty all collection & recovery costs with a minimum of 150 + legal interest paid to investors  calculated and charged seperately afterwards
loan restructuring  0.50%, 1,500 minimum calculated from outstanding amount with a minimum aof 1,500, charged upfront
Early repayment 0.50%, 500 minimum + 3 months interest calculated from amount repaid (with a 500 minimum)