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Tender Finance Services
CEDE CAPITAL PTY LTD (FSP No. 50827) is an authorised Financial Services Provider (FSP)
registered with the Financial Sector Conduct Authority (FSCA) and financial credit provider (NCRCP- 8919).
OUR RATES
Our fee structure is as follows:
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Initiation fee is a once-off R 1,050.00 excl Vat
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Service fee – R60 pro-rata per month excl Vat
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Interest is charged at the rate of 5% per month
Example: For a loan of R100,000 paid back in one month (30 days), the cost will be calculated as follows:
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Initiation fee = R,1050 exc Vat (R1,207.50 inc Vat)
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Service fee = R60 (R69 inc Vat)
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Interest = (100,000 x 5%) = R5,000
Total Cede Capital charge = 1,207.50 + 69 + 5,000 = R6,276.50
Interest will be calculated per day thereafter until payment is made at the same rate of 5% per month.
*NB: Our partners and other affiliated third-party service providers may charge a fee for any services rendered to you, e.g. project management fee.
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