Unlike our competitors, we charge on net not gross.
Because we know that you know the difference.
What we charge
1-2% of your net balance.
And no other costs whatsoever.
Based on annual gross sales of £1M, 1% fee
Annual gross sales
Example marketplace fees and refunds
of your net balance
Why charging on net matters
|In the example above, with a 1% fee on gross sales, you would pay|
|With Storfund’s 1% fee on net balance, you would pay 30% less|
We don’t just talk about transparency
For simplicity, this example does not include an “unavailable balance”: the amount held back by your marketplace from the previous payment period.
Before you become a client, we can calculate what your Storfund fee would have been for the past year - including your unavailable balance - so you have the full picture.
Challenge our competitors to do the same.
Tackling the unavailable balance
We know that uncertainty over how much unavailable balance you will see in each payment period is one of the biggest challenges our clients face.
Here’s how we can help:
Cash injection on Day 1
When you become a client of Storfund, we will automatically advance 80% of your unavailable balance together with your first payment.
This can mean a large cash injection on Day 1.
We can set a separate fee on the unavailable balance.
Our dashboards capture every transaction on every marketplace, allowing you to reconcile your sales with our fees
Don’t guess your fees, get in touch
We can calculate exactly what your fees would have been for the preceding year, had you used our service.
This will will take into account:
- Your unavailable balance
- The marketplaces you use: in many cases our marketplace relationships mean we can cap fees below 2%
All part of our commitment to transparency.