How are Fundtap fees calculated?
Fundtap's fees have two components:
- Base fee — a percentage of the total invoice value, charged at the time of funding
- Daily fee — a small daily charge that accrues each day until the invoice is repaid
Total fees typically range from approximately 4%–8% of the invoice value, depending on your industry and how long the invoice remains outstanding. base fees vary slightly across industry and business structure.
The exact cost for each invoice is always shown in the funding quote, so you'll always know what you're paying before accept the quote.