Schedule of Fees
Commercial Fees | |
---|---|
Assignment / Novation fee^ | $150.00 per agreement |
Variation Fee – change(s) to Guarantor | $150.00 per guarantee |
Variation Fee – other changes to you agreement (incl but no limited to changes to assets) | $30.00 per agreement* |
Dishonour fee | $25.00 per dishonour |
Payment deferral over 7 days (late fee) | $25.00 per late payment |
Equipment Protect / Payment Protect Claim fee | Up to $220.00# |
Credit card Fee | 1% of the payment amount |
Credit check fee and PPSR | $25 |
Documentation Fee (Currently only applicable to the Secured Loan finance product) | $475 $550 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.