What are the payment schedule options?

The standard payment schedules and fee structures differ between Commercial and Consumer loans.

Commercial Lending:

• Repayment Frequency: Monthly.

• Timing: Repayments are made in advance.

• Fees: All applicable fees are paid upfront on the settlement day and are not added to the loan balance.

Consumer Lending:

• Repayment Frequency: Standard schedule is Monthly.

• Timing: Repayments are made in arrears.

• Fees: Standard fees are capitalised (added to the loan balance at settlement).

• Flexibility: Customers can request a weekly or fortnightly repayment schedule instead of the standard monthly schedule.