Fees for crowdfunding projects
There are no up-front costs. It’s free to sign up and to create a crowdfunding project.
Our fees are only taken from a project's funding total when it is successfully funded and your backers have made payment, and are a percentage of the total amount collected.
Charity, causes & social projects
3% plus card fees
For-profit & business projects
5% plus card fees
For a successful all or nothing project, or a take what you raise project we automatically take our fees when your backers are charged at the end of the project. For open ended projects, our fees are automatically deducted when a backer makes a payment.
You receive the rest, minus any credit card payment fees.
We use Stripe for credit card processing. Stripe charge 1.40% + 20p for all European cards and 2.90% + 20p for all non-European cards.
We charge an additional £10.00 processing fee for any crowdfunding donations made by cheque or bank transfer.
Older projects may use Paypal. Paypal charge 3.4% + 20p per transaction.
Planning ahead for crowdfunding fees
You should consider all of your costs when setting your budget:
- costs of materials and production
- staff costs
- marketing costs
- taxes
- our fees (5% or 10%)
- credit card payment fees (2.5 – 3% approx)
For example, if you need £10,000 for your project (at 5%), then to make sure you cover your costs and have enough left over, you should look to raise £10,800 (about 108%).
You might have to pay tax on the funds that you raise - please check with your accountant if you are not sure.
Fees for Community Share projects
Community Share projects
£3,000 + 3%
plus card fees
There is a setup fee of £3,000 for Community Shares projects (non-refundable).
We also take a 3% success fee when it is successfully funded, from each backer payment.
We use Stripe for credit card processing. Stripe charge 1.40% + 20p for all European cards and 2.90% + 20p for all non-European cards.
Card fees are paid by your connected Stripe account.
Equity, debt and commercial finance
There are no application fees for the majority of our funding options. For equity, debt and commercial finance we charge an introducer fee, which can range from 1% - 10%.
Whatever funding you need, we can help provide the solution.