Glossary
A fee charged to set up the advance, often deducted from the amount.
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A fee charged to set up the advance, often deducted from the amount.
It may be a flat amount or a percentage. It reduces the cash you receive but not necessarily the payback.
Fees change the effective cost, especially on short terms.
A $50,000 advance with a 2% fee delivers $49,000, but the payback is still calculated on $50,000.
Check the net funded amount in the agreement.
An origination fee appears in the net funded amount rather than as a separate bill. Reviewers and owners should compare net cash with the payback, because on a short term a two-percent fee changes the effective cost noticeably.
A fee is sometimes read as a separate charge on top. Where it is deducted from the amount, it is part of the same transaction.
On a $40,000 advance with a 2.5% fee, $1,000 is deducted and $39,000 arrives. If the payback is $50,000, the cost is $11,000 against cash received, not $10,000. Always compute cost against the net funded amount, not the headline.
Sometimes. Ask.
See the related guides and the comparison pages, or apply and ask.
No. It is educational information, and agreements vary.
Educational information only. It is not legal, tax or accounting advice.
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