FBA Finance Docs
  • Welcome to FBA Finance
  • Introduction
    • What is FBA Finance all about?
    • The problem we're solving
    • Our mission and vision
    • Features
  • Understanding ROSCAs
    • What is a ROSCA ?
    • Traditional ROSCAs vs. FBA Finance's approach
    • Benefits of blockchain-based ROSCAs (FBA Pool)
  • User Guide
    • Creating an account
    • KYB process
    • FBA Pool
    • Understanding Your Profile
    • Getting Help
    • Tools
    • Education and Mentorship
  • Pool Management
    • Creating a pool
    • Joining existing pools
    • Pool Parameters
    • Resolving conflicts or issues within a pool
    • Collaboration tools for pool members
  • Tools
    • Introduction to FBA Finance Business Tools
    • Financial Management Suite
      • Automated Bookkeeping
      • Invoicing System
      • Expense Tracking
    • Inventory Management
    • Cash Flow Forecasting
    • Payroll Management
    • Human Resources
      • Applicant Tracking System
      • Employee Onboarding
      • Learning Management System
    • Project Management
      • Task Assignment and Tracking
    • Collaboration and Communication
      • Team Chat and Video Conferencing
      • Document Sharing and Co-editing
    • Marketing
      • Social Media Post Management
  • Mentorship Program
    • Overview of the mentorship program
    • Becoming a mentor
  • FBA Finance Marketplace
    • Overview of the Marketplace
  • The FBA Algorithm
    • What is the FBA Algorithm
  • FBA AFFILIATE PROGRAM
    • How it works
  • Fees and Charges
    • Overview of fee structure
    • Comparison with traditional financing options
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On this page
  • Fee Structure Overview
  • FBA Pools
  • Courses
  • Loans
  • Value Proposition
  • Transparency Commitment

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  1. Fees and Charges

Overview of fee structure

Fee Structure Overview

At FBA Finance, we believe in transparency and fairness in our pricing. Our fee structure is designed to maintain the quality of our services while ensuring that our platform remains accessible and valuable to all users. Here's a comprehensive overview of our fees across various services:

FBA Pools

We apply modest fees to pool transactions to cover operational costs and continue improving our services:

  1. Deposits:

    • 2% charge on every deposit made into the pools

    • This fee helps maintain the pool infrastructure and ensures smooth transactions

  2. Withdrawals:

    • 0.95% charge on withdrawals made from the pools

    • This lower withdrawal fee encourages liquidity within the pools

Courses

We provide a platform for experts to share their knowledge while ensuring quality content for learners:

  • Course owners set their own pricing

  • FBA Finance takes a 10% fee on each unit sold

  • This fee covers platform maintenance, payment processing, and marketing support for course creators

Loans

We facilitate connections between lenders and borrowers, applying a small fee to successful loan transactions:

  • 2% fee on the interest charged by lenders

  • This fee is applied only to the interest, not the principal amount

  • It covers our loan matching services, risk assessment, and ongoing support

Value Proposition

Our fee structure is carefully balanced to:

  1. Maintain Platform Quality: Fees contribute to ongoing platform development, security enhancements, and customer support.

  2. Ensure Fairness: By charging percentage-based fees, we ensure that costs are proportional to usage and benefits received.

  3. Support Growth: Revenue from fees allows us to expand our services, benefiting all users of the FBA Finance ecosystem.

  4. Align Interests: Our success is directly tied to the success of our users, motivating us to continually improve our offerings.

Transparency Commitment

  • All fees are clearly displayed before any transaction is made

  • Users receive detailed breakdowns of fees in their monthly statements

  • Our support team is always available to answer any questions about our fee structure

We strive to provide exceptional value for every fee charged. By choosing FBA Finance, you're not just accessing financial services – you're investing in a platform dedicated to your business growth and success.

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Last updated 8 months ago

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