Groundfloor charges a fee of up to 1% annually (i.e. 0.25% per calendar quarter) based on the total Assets Under Management. This fee is split across all investors based on their investment amount.
We collect this fee on a monthly basis from ongoing repayments of principal and interest. In addition, Groundfloor can be reimbursed for certain expenses related to resolving defaulted loans. Fees, expenses, and allowances for potential losses of principal are not included in our weighted average interest rate disclosures. Please refer to our Offering Circular for more details.