A financing request is completely free of charge, including the analysis phase by the October credit team. Only after the financing terms are agreed by both parties and the loan is funded, will the borrower be charged the fees described underneath. All the details of the financing and its fees will be listed in the final offer in a totally transparent way.
The fees are composed of:
These costs represent financial expenses that will be recognized as such in your company’s income statement, thus reducing taxable income.