MoolahSense charges an application fee and/or a success fee to issuers who wish to raise capital on its platform as below:
Invoice Financing:
Annual Application fees – $1000; Success fees – 1% per month calculated on a pro-rated basis (minimum $750)
Unsecured Loan (non-HIPO) :
Application fees $500; Success fees 4% p.a. of accepted amount (minimum $4000)
Unsecured loan (HIPO):
Application fees $750; Success fees 4% of loan amount (minimum $3500)
Calculation Example
The success fees charged to Issuers is between 3-5% of the amount of capital raised and the eventual amount disbursed to Issuers will be net of the success fee.
For example, an Issuer raises S$100,000 through the MoolahSense platform and pays a success fee of 3% of the capital raised (i.e. S$3,000). In this instance, the amount disbursed to the Issuer will therefore be S$97,000 (S$100,000 – S$3,000).
*These fees are subjected to changes and may differ based on case-by-case basis. Please contact us directly to find out more.