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What are the costs and fees involved?
What are the costs and fees involved?

This article describes the cost or fees involve when applying for financing.

Melissa avatar
Written by Melissa
Updated over a year ago

There are no costs or fees involved for the application or assessment of your financing request. We charge a utilization fee only upon successful disbursement of the financing amount, to cover our efforts in conducting the relevant credit and Know Your Customer checks as well as the funding process. However it should be noted that the document stamping fee is borne by the Issuer.

As the utilization fee varies on many factors such as the financial product, complexity and quantum, we can only narrow down the range of the utilization fee upon the submission of documents during your application.

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