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A comment on Stripe Capital.

Re:Stripe Capital by ericjang on Thursday September 05, 2019 @01:37PM (#20889042)
I've probably missed something, but for how long does the borrower have to pay 9% of their sales? Is the debt paid in full once $15k (+interest?) is paid back? What is that interest rate?
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Re:Stripe Capital by frakkingcylons on Thursday September 05, 2019 @01:46PM (#20889127)
There is no interest, you just have to pay back the fixed fee.
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Re:Stripe Capital by harshadante on Thursday September 05, 2019 @02:44PM (#20889592)
Hi there, this is Harsha from the Stripe Capital team. You are correct that the repayment rate (9% in this example) will stop once the loan amount and the fixed fee has been repaid. There are no interest charges or additional fees.
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