Our fee structure is simple and transparent. If a borrower accepts a loan, there is a one off charge.
We also charge a 1% annual servicing fee on the amount outstanding on any loan. This is included in the interest rate payable by the borrower and taken directly from the loan repayments made by borrowers. The servicing fee covers the costs of running the website and maintaining the loans. Please note there are no Servicing Fees due for any loan parts in loans accepted by the borrower or listed in 2010, for the entire term of the loan parts.
If you wish to sell your loan parts to other investors, Funding Circle will charge you a 0.25% "Sale Fee" based on the principal amount remaining on the loan parts you sell. We only charge a ‘Sale Fee’ if your loan parts are sold, and we deduct these fees from the proceeds of any loan parts that are sold.