Schedule of fees.
| Commercial Fees | |
|---|---|
| Assignment/Novation fee^ | $180.00 per agreement |
| Variation fee – change(s) to Guarantor | $180.00 per guarantee |
| Variation fee – other changes to you agreement (incl but no limited to changes to assets) | $350.00 per agreement* |
| Dishonour fee | $25.00 per dishonour |
| Payment deferral over 7 days (late fee) | $30.00 per late payment |
| Credit card fee | 1% of the payment amount |
| Credit check fee and PPSR | $25.00 |
| Documentation fee (currently only applicable to the Secured Loan finance product) | $550.00 and $695.00 (for private sale)*^ |
^ You must request to assign/novate and flexicommercial may accept/reject.
*flexicommercial reserves the right to charge a larger fee if the requested changes are significant.
# Claim fee differs depending on industry type.
*^ flexicommercial reserves the right to charge a larger fee on specific deals requiring more work and will discuss this with you before agreement execution.
Note: Interest on late payments – depending on the finance agreement, flexicommercial may be entitled to interest from the missed payment is due, to the day the missed payment is actually received in full.