Will you imposed 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.
Related articles