What are the fees to Fundraisers?

Simple Crowdfunding has a £950 application fee that is payable once we progress past the viability stage. This fee is non-refundable.

When you successfully reach the minimum target amount, Simple Crowdfunding will charge a platform fee of 5% (exc.VAT) of the total funding amount. This fee will be deducted from the funds that are transferred to you.

Legal fees for equity raises are also payable: To review articles and shareholder agreements.

Peer to Peer Lending: Legal fees are payable to add and remove charges on property offered as security. We will also charge an additional 1% of the raise amount for projects that extend past two years. This latter fee is payable from the beginning of year three and is a cost to service the loan.

Our fee structure means that the majority of our fee is only payable if you are successful in raising funds through Simple Crowdfunding. This allows us to win together.

Where we are obliged to take action in order to protect investors’ interests as a result of a Fundraiser’s default or delinquency, we will recharge the Fundraiser for any necessary disbursements and our reasonable time costs.

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CAN I RAISE FUNDS THROUGH SIMPLE CROWDFUNDING? WHAT TYPE OF PROJECTS WILL YOU CONSIDER FOR FUNDING? CAN I RAISE FUNDS FOR PROJECTS OUTSIDE OF THE UK? CAN I MARKET MY PROJECT TO MY CROWD? WHAT IS THE FUNDRAISE PROCESS? DO I HAVE TO OWN A PROJECT TO RAISE FUNDS? HOW LONG DOES THE RAISE PROCESS TAKE? CAN YOU HELP WITH THE SHAREHOLDER AND LOAN AGREEMENT PAPERWORK? WHAT IS AN EXIT STRATEGY? WHAT ARE THE FEES TO FUNDRAISERS? WHAT HAPPENS IF A PROJECT DOES NOT REACH THE MINIMUM RAISE AMOUNT? CAN I HAVE A ‘LEAD INVESTOR’ FOR MY PROJECT? WHERE CAN I LEARN MORE ABOUT THE FUNDRAISER PROCESS AND GET PROJECT READY? CAN I DO MORE THAN ONE RAISE WITH SIMPLE CROWDFUNDING? DOES SIMPLE CROWDFUNDING REJECT PROJECTS? HOW DO I STOP MY COMPETITORS FROM INVESTING IN MY BUSINESS? WILL YOU SIGN A NON-DISCLOSURE AGREEMENT (NDA)?

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