Loan Details
Everything you need to know about our spread payment loans.
This page explains how Fee Funders spread payment loans work, including terms, interest, fees, and repayment options, so you can decide whether it is right for you.
Loan Terms
3
months
6
months
9
months
12
months
Interest Rates
Standard Interest
Amortising for personal loans, flat for business loans
2.33%
per month
Default Interest
Applies while any payment is overdue
3.33%
per month
Key Fees
Loan Setup Fee
One-off fee charged when the loan is established
$240
Monthly Administration
Charged monthly until the loan is repaid
$10/month
Settlement or Early Repayment
Charged if the loan is repaid early
$195
Dishonoured Payment
Charged for each failed payment
$25
All fees and interest shown apply to the borrower's loan. Businesses offering Fee Funders as a payment option do not pay these fees.
Early Repayment: You may repay your loan early at any time. If you choose to settle your loan early, a settlement fee of $195 applies, and interest is only charged up to the settlement date.
Key Features
Fast Approval
Most applications are assessed within hours
No Hidden Fees
Transparent pricing with no surprises
Fixed Repayments
Know exactly what you will pay each month
NZ-Based Support
Support from a New Zealand-based team
Ready to Apply?
Apply for a spread payment loan today. Most applications are assessed within hours.