Payroll by Bento

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Key Facts Statement

The summary for our Key Facts Statement

Loan Amount 5,000,000
Tenor 24 months

COST OF CREDIT

COST OF CREDIT 18.5% 1,019,923
FEES AND COMMISSIONS - -
MANAGEMENT FEE 2% 100,000
LOAN PROCESSING FEE 1% 50,000
COLLATERAL MANAGEMENT FEE 1% 50,000
INSURANCE - 20,800
TOTAL COST OF CREDIT 1,240,723
TOTAL FEES AND COMMISSIONS 220,800
TOTAL AMOUNT PAYABLE 6,240,723
APR 25.90%
Download the full Key Facts Statement