Why do I need to pay processing fee?

Why do I need to pay processing fee?

1Answer

Applying for a Business Loan via Kredily saves you a lot of time, money and energy as there is minimal documentation and limited manual intervention involved. Our partner incurs significant costs from the back-end to deliver an easy and seamless loan application process to you. Also, it is a standard practice followed in all financial institutions to charge a processing fee upfront as a part of the loan application process.

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