Fees that may apply
Dishonour fee
Charged each time a direct debit or other payment is not made in full and on time. This fee includes our reasonable internal administrative costs and external third-party costs.
$20
Reschedule Fee
Charged each time a repayment is rescheduled. This is a service fee which includes our reasonable internal administrative costs.
$20
Loan fees & charges
Establishment Fee
One-off payable per loan.
$400
Interest Rate
This is the annual percentage rate. Interest accrues daily, and is charged monthly in arrears- on the outstanding balance of your loan
47% of principal per month
Comparison Rate
This comparison rate is based on an unsecured loan for an amount of $2,500 over 2 years and a $400 establishment fee
65.66% of principal per month
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. This is a prescribed calculation and Capital & Centric Funding does not offer loans for $2,500 over 2 years.
We’re not newbies in the Finance or the Tech space. That’s why we’ve given you access to make a quick online application for a Macro Loan. If the principal amount you borrowed in between $2,001 and $5,000.
When you make all scheduled repayments on time, you’ll only be charged the loan establishment fee and interest charges calculated based on the applicable interest rate. Other fees will apply if you miss or reschedule any repayments