Will you impose any fees on me, the Issuer (SME) if the repayment is late?

Will you impose any fees on me, the Issuer (SME) if the repayment is late?

In the event of late repayment, the following fees apply:
​
1. $500 one-time late payment fee or 3% of arrears, whichever is higher, payable to MoolahSense
2. 30% p.a. (calculated on daily rest basis) late payment interest on the arrears will be payable to the Investors. This will start to accrue one day after the due date.
3. In instances where there are arrears that not settled after being due for more than 30 days and a third party debt collection agency is engaged, an administration fee for the cost of recovery will also be imposed.

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