Five Questions to Ask Before You Apply for Funding

1. What is the total amount I will repay, not just the monthly payment?
A low monthly payment can hide a high total cost if the term is long. Always check total repayment, not just the installment size.

2. What administration fees apply, and are they deducted upfront?
On this platform, our administration fee is deducted from your disbursed amount, so the number credited to your wallet is your funding amount minus the fee. Always know your real net amount.

3. Can my organisation manage the repayment if income dips?
Build in a buffer. A program that is affordable today should stay affordable if circumstances change slightly.

4. What happens if I miss a payment?
Check the late penalty percentage for your funding track before you apply, not after.

5. Do I actually need the full amount?
Requesting exactly what you need, not the maximum offered, keeps your total cost of capital lower.