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Simple Crowdfunding has a £500
listing fee that is payable on listing and 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 (or £2,000 whichever is the greater) which will be deducted from the transferred funds.
If your project is complex, there may be additional legal fees to pay. This will be
discussed and agreed before the start of the project.
For Peer to Peer Lending, from the beginning of year 3 of the loan, there is an additional 1% that is payable annually for the servicing of 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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