Business term loan
| 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.