13-61 Up-front fees are charged as a certain percentage of

Name: 13-61 Up-front fees are charged as a certain percentage of
Brand: Quizplus
Rating: 4.9 (59 reviews)

Question

Quizplus · Accepted Answer

Up-front fees are typically charged as a percentage of the commitment size, which is the total amount of funds that a borrower can access through a loan or credit facility. This fee is usually paid at the outset of the commitment, regardless of whether the borrower actually uses all or any of the available funds.

13-61 Up-Front Fees Are Charged as a Certain Percentage of