Understanding the fees and charges associated with Elevate Financing products is essential for managing costs effectively. Here’s a breakdown of the key fees for each product:
Elevate Credit Line
Late Fee: S$100 (if the minimum amount due is not repaid on time).
Rolled Over Interest: 2.5% per month, calculated on a daily balance basis on the Total Amount Due of the previous Billing Statement less any payment made.
Annual Fee: S$100 (currently waived).
Business Term Loan
Please refer to your loan contract for detailed information on fees and charges.
Micro Loan
Please refer to your loan contract for detailed information on fees and charges.
By understanding these fees, you can better plan your finances and make the most of Elevate Financing’s benefits.
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Elevate comprises six (6) main products offered by CardUp Pte Ltd, with some products being provided in partnership with third parties who will provide the regulated services under each product. CardUp is a major payment institution licence holder under the Payment Services Act 2019. Click here to Learn More.
CardUp Pte. Ltd.
Business Registration No.: 201536690R | Major Payment Institution License No.: PS20200484
FS Capital Pte. Ltd.
Business Registration No.: 201631787R
FS Technologies Pte. Ltd.
Business Registration No.: 201935125G