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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