What is Upfront Fees?

Legitimate finance companies and intermediaries will not ask for an upfront fee. A due diligence fee on the execution of the funding proposal from a reputable finance source (not a broker or intermediary) is customary to cover some of the costs of underwriting. The due diligence amount will typically vary based on the size and complexity of the funding facility.

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OTHER TERMS BEGINNING WITH "U"

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  • US Govt Departments

    See A-Z Index of U.S. Government Departments and Agencies.

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    The US Small Business Administration (SBA) was created by the US government to provide small businesses with loans, loan guarantees, contracts, counseling sessions and other forms of small business assistance. The SBA also gives small businesses the opportunity to bid…