Business term loan
Transactions | Fee |
---|---|
File analysis and setup1 | |
Loan up to $5M | 0.25% of authorized amount, $250 min., up to 1% of authorized amount |
Loan over $5M | 0.1% min., up to 1% of authorized amount |
Revision fee | $250 min., up to 1% of balance |
Standby fee | Up to 0.5% of unused amount |
Renewal before maturity date | $225 plus penalty stipulated in contract |
1. These fees also apply when using the Multiproject clause.