Lender Servicing Fee

1.5% per Year

Lenders are charged a 1.5% annual servicing fee that is collected when a business makes a repayment. Lenders are only charged this fee when they receive a repayment. The servicing fee of 1.5% is an annualized amount (1.5% / 12 months) - calculated monthly on the outstanding balance of principal at the time of the payment.

Rates and Fees for Borrowers

Lending Loop Credit Rating A+ A B+ B C+ C D+ D E+ E
Interest Rate 5.90 - 7.50% 7.51 - 9.30% 9.31 - 11.10% 11.11 - 13.00% 13.01 - 14.90% 14.91 - 17.10% 17.11 - 19.30% 19.31 - 21.60% 21.61 - 24.00% 24.01 - 26.50%

Origination Fees

An origination fee is charged on every loan that is successfully funded on Lending Loop. The origination fee covers the cost of underwriting and processing the loan.

Borrower Charge 3 to 12 months 13 - 24 months 25 to 48 months 49 to 60 months
A+ to A 2.50% 3.00% 3.50% 4.00%
B+ to C+ 4.00% 4.50% 5.00% 5.50%
C to D 4.50% 5.25% 5.75% 6.00%
E+ to E 5.00% 5.75% 6.25% 6.50%
Fees on late or delinquent loans can be found in the Support Center.

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From growth and expansion to refinancing and inventory purchases, Lending Loop has financing that works for you.

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