Most debtor finance companies never disclose their fees; however we are proud to provide transparent and inclusive rates so suppliers and subcontractors understand what the real cost is.
– There is an initial fixed fee of 3.5% of the invoice value, which covers the first 30 days the invoice is outstanding.
– If the invoice remains unpaid after the first 30 days there is an additional 0.07% per day until you make payment.
These fees are all inclusive. OmniPay does not charge any additional interest, penalties, arrangement fees or management fees, avoiding the typical hidden charges many other finance companies rely on in order to market a “cheaper” headline rate.