Transparency and fees
How we're paid, how funders price each product, and how to compare one offer against another.
No fees before funding
There is no application fee and no charge of any kind before funds are released. The cost of your funding is the total stated on your offer, nothing more. Where a product is arranged with a partner funder rather than funded in-house, any commission we receive comes from that funder and doesn't change what you repay; ask and we'll tell you what it is.
If, in a particular case, a fee were payable by you, it would be stated in writing, with the amount, before you commit to anything. We never take payment before funds are released.
How each product is priced
| Product | How it's priced | What to compare |
|---|---|---|
| Merchant cash advance | Factor rate (for example 1.25) applied to the advance; no interest rate | Total to repay, holdback percentage, early settlement terms |
| Unsecured business loan | Interest rate and any arrangement fee over a fixed term | Total repayable, monthly amount, early repayment terms |
| Working capital and short-term finance | Fixed total cost or rate for the facility period | Total cost, repayment frequency, what happens if you draw less |
| Asset finance | Rate over the term plus any documentation fee; balloon or option-to-purchase fee on some agreements | Total payable, end-of-term options |
How to compare offers
- Always compare the total you repay, not the headline rate.
- Ask how repayment is collected and whether the amount can change.
- Ask what happens if you settle early.
- Check the legal name on the offer against Companies House.
- Read the personal guarantee before you sign it.
Illustrative figures on this site
The calculator, worked examples and deal spotlights use typical market terms to show how products work. They aren't quotes and they don't describe real customers. Your terms depend on your trading history and our assessment.
See what your business could be offered
Two minutes to tell us about the business. A funding specialist calls you back, usually the same working day, with a straight answer.