Rates and fees

Turning the tables on rates and fees

Marketlend does not set the interest rates, instead investors are provided a cap limit by Marketlend based on factors including:

  • Marketlend Automated Risk Assessment
  • Credit term
  • Economic environment
  • Competitive environment
  • Applicant requirements
  • Rates are paid on utilised money


There are application fees payable upon application and satisfactory completion of your new account. The fee is $330, payable on application and a minimum of 3.3% of the amount lent, payable on completion of a borrower’s loan. This is deducted from the borrower’s loan amount (these fees may be varied or waived in certain circumstances) on settlement of the particular loan.

Platform Fee

The interest rate that is paid by the borrower is made up of the interest rates paid to the investor and an platform fee paid by the borrower to Marketlend. This is calculated on the basis of the provision of the services including provision of the platform, managing of the receivable, cost of loss protection including insurance* and other servicing costs. Presently it is 23% of the interest rate paid by the account holder is inclusive of this fee. For amounts below A$100 it may not reflect a percentage of 23% due to rounding to the nearest dollar.*

Utilisation Fee

A utilisation fee is payable on monies that are not advanced to the borrower to pay for invoices, and it is the cost for the monies to be available for advances. It is charged at 7% per annum (or as agreed) and on the amount that is unutilised by the borrower. Capital unutilised by the borrower in excess of A$2000 and for periods greater than 2 months may be returned to the investors of that loan.

Loss Protection Fee

The loss protection fee is 1.5% of the amount funded and is held as a reserve for any losses. If the loan is paid out and no losses occur, the account holder is entitled to any monies in the loss reserve for their account.

Default and Late Payment Fees

Default rates: a $25 failed direct debit fee is payable upon a direct debit dishonour. After the second debit dishonour, if no interest is paid, your account will be closed and enforcement action will be taken. A failed direct debit fee on the second debit dishonour of $100 is payable. All fees charged herein are used to pay Marketlend and its service providers.

Late payment fee is charged at $25 per day for the days late or 26% on the amount past the due date of the payment, whichever is greater.

Marketlend Automated Risk Assessment

Each loan application is assigned a Marketlend Risk Assessment – we have a proprietary system that considers the historical and future subjective and objective factors to predict the likelihood of repayment of the investment (loan) and the certainty in the predictability.
Please note we do not accept any loan that is below 60% likelihood of repayment of principal and interest at the end of the term of the loan.
It obtains a number of factors in excess of 65 and using algorithms produces an automated result as to what the risk assessment is. For more details, email us on administrator@marketlend.com.au

Marketlend Automated Risk Assessment (Percentage refers to the likelihood of full repayment of the investment*)


02Almost Excellent
03Very Good


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