Business Lending Fees

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Fees for Commercial Loans

Commercial Line of Credit

New line of Credit Application Fee (OverDraft handling fee)

.75 of 1% (non refundable fee - 50% of the fee)

Line of Credit Charge/Overdraft Charge

$5.00 per trans/overlimit interest rate 21%

Annual Line of Credit Review (limits $15,000 or less)

$100.00

Annual Line of Credit Review (limits over $15,000)

.75 of 1% plus the central fee if applicable

 

Commercial Loan

New Business Term Loan/Mortgage Application Fee

.75 of 1% (non refundable fee - 50% of the fee) plus the central fee if applicable

Bank Account Confirmation

$25.00

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