Repayment Examples
We Aim To Provide Flexible Financing Tailored To Your Business’ Needs.
We offer an easy re-payment schedule of up to 6 months of equal principal payments plus interest costs.
Our costs are 100% transparent. All costs are displayed up-front and you will be asked to confirm these before you withdraw your funds.
Example repayment schedule
| Loan Amount: £3,000 | Duration: 6 Months | Interest: 5% |
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | |
|---|---|---|---|---|---|---|
| Payment | £500 | £500 | £500 | £500 | £500 | £500 |
| Interest Charges | £150 | £125 | £100 | £75 | £50 | £25 |
| Monthly Payment | £650 | £625 | £600 | £575 | £550 | £525 |
| Decreasing Payment |  |
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 |
 |
 |
 |
| Total Amount: £3,000 | Total Interest: £525 | Total Repayment: £3,525 |
*EZBOB charges between 2%-7% interest per month depending on your online sales and credit quality. We charge a minimum of £30 as a completion fee.
- We only charge interest on your outstanding balance.
- Re-payments are automatically deducted from your debit card on a monthly billing cycle
- You can choose to pay the loan early without a penalty and save money.
Example of customer payment schedules:
Rubina Gupta Online Retailer
Sells on: eBay
Avg. Monthly Sales: £4,000
Credit Quality: Good
Rubina borrowed £2,500 from EZBOB in order to purchase new computers for her business.
Online retailer repayment schedule
| Loan Amount: £2,500 | Duration: 6 Months | Interest charge: £613 |
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | |
|---|---|---|---|---|---|---|
| Payment | £417 | £417 | £417 | £417 | £417 | £417 |
| Interest Charges | £175 | £146 | £117 | £88 | £58 | £29 |
| Monthly Payment | £592 | £563 | £533 | £504 | £475 | £446 |
| Decreasing Payment | |
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| Total Repayment: £3,113 | *Total interest fee: 24.5% |
*EZBOB charges between 2%-7% interest per month depending on your online sales and credit quality. Apply Now
Jamie Hughes Online Retailer
Sells on: Amazon
Avg. Monthly Sales: £8,000
Credit Quality: Very Good
Jamie needed money to finance his inventory purchase and
transport from asia.
Online retailer repayment schedule
| Loan Amount: £7,000 | Duration: 6 Months | Interest charge: £980 |
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | |
|---|---|---|---|---|---|---|
| Payment | £1,167 | £1,167 | £1,167 | £1,167 | £1,167 | £1,167 |
| Interest Charges | £280 | £233 | £187 | £140 | £93 | £47 |
| Monthly Payment | £1,447 | £1,400 | £1,353 | £1,307 | £1,260 | £1,213 |
| Decreasing Payment | |
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| Total Repayment: £7,980 | *Total interest fee: 14% |
*EZBOB charges between 2%-7% interest per month depending on your online sales and credit quality.
Apply Now
Bailey Jennings Online Retailer
Sells on: eBay
Avg. Monthly Sales: £15,000
Credit Quality: excellent
Baily needed quick cash to purchase good inventory at a great price.
Online retailer repayment schedule
| Loan Amount: £15,000 | Duration: 6 Months | Interest charge: £1,575 |
| Month 1 | Month 2 | Month 3 | Month 4 | Month 5 | Month 6 | |
|---|---|---|---|---|---|---|
| Payment | £2,500 | £2,500 | £2,500 | £2,500 | £2,500 | £2,500 |
| Interest Charges | £450 | £375 | £300 | £225 | £150 | £75 |
| Monthly Payment | £2,950 | £2,875 | £2,800 | £2,725 | £2,650 | £2,575 |
| Decreasing Payment | |
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| Total Repayment: £16,575 | *Total interest fee: 10.5% |
*EZBOB charges between 2%-7% interest per month depending on your online sales and credit quality.
Apply Now