Business term loan

Business term loan fees
Transactions Fee
File analysis and setup1
Loan up to $500,000 $250 min., up to 1%
of authorized amount
Loan over $500,000 0.25% min., up to 1%
of authorized amount
Annual monitoring $250 min., up to 1%
of balance
Availability fee (annual) 0.25% of unused credit
Renewal before maturity date $225 plus penalty stipulated in contract

These fees also apply when using the Multiproject clause.