Upfront Commission
| ex GST | inc GST |
Upfront | 0.50% | 0.55% |
Upfront Commission will be payable from the establishment/ application fee referred to in the Application and will be payable by us no later than the last day of the month following the drawdown of the Loan.
Trail Commission
| ex GST | inc GST |
Trail | 0.25% | 0.275% |
The quarterly payments of Trailing Commission will be calculated on the daily outstanding balance of each Loan during the period between the initial advance made under a Loan and the earlier of the date of default under that Loan and the repayment of the Loan