CorentisA representative example, shown in full
Lending products built on Corentis present the full cost of credit up front — nominal rate, TAE, total cost and total amount payable — before any commitment. The figures below are an illustrative representative example of an SME business term loan in the Spanish market.
Illustrative demo. The rates and amounts on this page are a representative example for demonstration only. They are not an offer of credit and do not bind any lender. Real pricing depends on the product, the borrower's creditworthiness assessment and the applicable terms disclosed before signing.
| Loan amount | €60,000 |
|---|---|
| Term | 36 months |
| Nominal interest rate (TIN), fixed | 8.50% |
| APR (TAE) | 8.84% |
| Opening / arrangement fee | €0 |
| Monthly instalment | €1,894.40 |
| Total cost of credit (interest) | €8,198.40 |
| Total amount payable | €68,198.40 |
Example assumes 36 equal monthly instalments, a fixed borrowing rate and no fees financed. Final terms depend on the company's cash-flow and affordability assessment.
What every borrower sees before committing
- Nominal rate (TIN) and APR (TAE) together, so the true cost is clear.
- Total cost of credit and total amount payable over the full term.
- Instalment amount and frequency, with a full repayment schedule.
- All fees and penalties itemised — nothing hidden in the small print.
- Pre-contractual information provided before the agreement is signed.
Costs and conditions, in plain language
Pre-contractual terms
Before signing, the company receives the full binding terms — total cost, TIN/TAE and the complete repayment schedule. You can review and decline at no cost before acceptance.
Early repayment
You can repay early, in full or in part, at any time. Any early-repayment compensation is applied within legal limits and is disclosed up front in the pre-contractual information.
Late payment
Missing payments has consequences: late-payment interest and any costs apply as set out in the agreement, the debt may be reported to credit bureaus, and support is available if you face difficulty.
Borrow responsibly. Credit is subject to a creditworthiness assessment. Approval is never guaranteed, and credit is not risk-free. Only borrow what you can afford to repay.
Built for transparent lending
See how the platform turns these requirements into a clear borrower journey.