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 fee1% 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.