For investors, Fagura charges the following types of fees depending on the situation:
Servicing fee of 2.5% is paid by the Investor and is deducted from the total payments received by the Investor (principal + interest) from loan repayments made by Project Developers.
Secondary Market sales commission, is also, 2.5% of the sold investment value and is deducted by Fagura at the moment the funds are received in the account.
Withdrawal fee – 1 EUR
A fixed fee of 1 EUR is applied to each withdrawal from the platform, regardless of the withdrawn amount. Each withdrawal request will be processed within up to two business days.Collection fee of 5% is paid by the Investor and is deducted from payments collected with a delay of more than 30 days. In such cases, Fagura may engage third-party representatives (lawyers, collection agencies, bailiffs) to recover outstanding amounts under the mandate granted according to the Terms and Conditions. The collection fee for problematic loans covers part of the collection costs. In the case where the loan is sold to collection agencies, the collection fee is not deducted, and all funds go directly to the investor.
When borrowers don't pay on time, Fagura uses the best practices to bring the loan back to its good standing.
The amounts of these fees and charges are set out in the Terms and Conditions.