Are there any fees?

Yes, we collect a one-time origination fee at time of loan funding for the Term Loan.  This small fee helps recover costs associated with processing, underwriting and servicing for your new loan contract.

For Term Loan the origination fee is 3% of the principal/funded amount and is automatically deducted from your business bank account the day after funding.

For MCA, there is a $395 Administration Fee.