Facility, Drawdown, and Additional Fees

When fees apply

CashSouk fees are agreed in two steps. They are taken only if a note funds successfully.

1. Facility offer — if you are setting up a facility, the offer states a facility fee rate (maximum 1%) and the exact amount owed. That full amount is due when you accept the facility offer. CashSouk may also ask you to pay part of it upfront through FPX before you can start drawdowns.
2. Invoice offer — each invoice financing offer locks a fee schedule: the drawdown fee percentage, any remaining facility-fee amount to collect on that invoice, and any named extra fees. Those terms do not change after you accept.
3. Successful payout — if investors fund the note, those locked amounts are taken from the funded amount before the net payout reaches you. Failed funding charges nothing.

Invoice-only financing has no facility and therefore no facility fee. You can still have a drawdown fee and named extra fees on the invoice offer.

Receipts and payment-gateway invoices for these deductions are handled outside the portal.

Drawdown fee

The drawdown fee is a percentage of the amount investors actually funded, not the invoice face value and not the offer target.

If investors fund RM 80,000 of a RM 100,000 target at 3%, the drawdown fee is RM 2,400.

Facility fee

On a facility, the fee is a rate of up to 1% of the approved facility. When you accept, the full amount is owed (approved facility × rate). A 0% rate means RM 0.00 owed.

Upfront payment

The facility offer can ask you to pay part of that fee upfront through FPX on the facility page.

• If the requested upfront amount is RM 0.00, you do not need to pay anything now. Drawdowns can start once the facility is approved.
• If an upfront amount is requested, drawdowns stay locked until that amount is paid.
• Each FPX payment is capped by a per-transaction limit. If the outstanding upfront amount is larger than that limit, you will make more than one FPX payment. After one payment completes, the facility page shows what is still outstanding and offers the next payment.
• When the upfront amount is fully paid, drawdowns are unlocked.

Remaining facility fee

Any facility fee that is still unpaid after the upfront payment is collected later on successful invoice drawdowns. An invoice offer may lock an exact amount to take from that payout. That locked amount does not shrink if the note is only partly funded. If there is not enough remaining facility fee left to cover that locked amount, the note cannot be paid out until CashSouk waives that collection or the balance is resolved.

What is locked on an invoice offer

The invoice offer lists:

• drawdown fee as a percentage of actual funds raised
• the exact facility-fee collection for this invoice (RM 0.00 if none)
• named extra fees, each either a fixed amount or a percentage of actual funds raised

Only a successful funding close charges these lines.

Partial funding example

Offer target RM 100,000. Locked schedule: 3% drawdown, RM 800 facility collection, RM 500 legal (fixed), 1% arrangement.

	Fully funded (RM 100,000)	80% funded (RM 80,000)
Drawdown fee	RM 3,000	RM 2,400
Facility collection	RM 800	RM 800
Legal fee (fixed)	RM 500	RM 500
Arrangement (1% of funded)	RM 1,000	RM 800
Net to you	RM 94,700	RM 75,500

Percentage fees follow actual funds raised. Fixed amounts and the locked facility collection do not.

Waivers and a disabled facility

• This note’s facility collection waived — this invoice does not take the locked facility amount. Other fees on the schedule still apply. Remaining facility fee on the facility is unchanged.
• Remaining facility fee waived — no further facility collection on this facility. Amounts already collected are not refunded.
• Facility disabled — you cannot start a new invoice on that facility, and you cannot accept an invoice offer that is still waiting. CashSouk records a reason. Notes already listed stay listed.

If a fee on an accepted offer looks wrong, ask CashSouk. The utilisation offer letter is the locked record.