Operating line of credit
Transactions | Fee |
---|---|
File analysis and setup | |
Line of credit up to $500,000 | $250 min.,up to 1% of authorized amount |
Line of credit over $500,000 | 0.25% min., up to 1% of authorized amount |
Monitoring of assets – accounts receivables and inventories | $75 to $125/month depending on file complexity |
Monthly maintenance or management fees | $25 to $125/month depending on file complexity |
Annual renewal | From 0.25% to 1% of authorized amount, $250 min. |
Availability fee - Line of credit over $500,000 (on unused portion) | 0.25% to 0.5% |