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  • Available:

    £TBC
  • Committed:

    £TBC
  • Number of Pitches:

    TBC
  • Market Share:

    TBC%
  • EIS Pitches:

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  • SEIS Pitches:

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About


The Formax Group are a financial services company offering loans from £25k to £100k over a period of 6 months to 5 years. Both borrowers and lenders can expect average interest rates of 5.5%. Loan completion fees ranging from 1.25% to 5.00% apply. The company offers transparent fees with no hidden charges. There is no early settlement fee.

Investors can choose either 12, 36, or 60-month terms; each paying 3.5%, 4.5% or 5.5%, respectively. Investors can withdraw earnings quarterly without any charge by opting out of auto-reinvestment. If funds are withdrawn before the end of the investment commitment, a 0.75% charge will incur on the investment capital being withdrawn

How do they charge?


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