Our Fees

Edge Commercial Finance Ltd (company number 16676452) can be paid in two ways: a broker fee agreed with you in writing before we start work, and a commission (sometimes called a procuration fee) paid by the lender when your facility completes. Both are disclosed to you before you commit to proceed.

Lender commission is paid by the lender, not by you, and is not added to your loan as a separate charge. We recommend lenders on the basis of the terms available for your case, not the commission they pay.

Our broker fee is payable on successful completion of your facility and is normally paid from the loan proceeds by the solicitors on drawdown. If a case is unusually complex and a commitment fee is needed before work starts, we will agree that with you in writing first. No fee is charged without your written agreement.

Because our broker fee is payable on completion, nothing is due if your facility does not complete. Where a commitment fee has been agreed in advance, whether and when it is refundable is set out in the fee agreement you sign before any work begins.

Broker fees are usually calculated as a percentage of the facility, subject to a minimum fee, and reflect the size and complexity of the case and the work needed to prepare it for lenders. We quote a specific fee for your case before you commit, and it will not change without your agreement.

We tell you in writing, before completion, the commission we will receive from the lender. If the terms or the loan amount change during the transaction, we update that disclosure so the final commission is shown alongside the final terms.