facility fee

Definition

noun
a charge made to a borrower by a bank for arranging credit facilities

Use facility fee in a sentence

If you are going to try and secure a loan you need to remember to factor in the facility fee to what you owe.

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He had to pay the facility fee and everything was going good and everyone was happy with it for the time being.

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When Mike was going to take out a large loan from the local bank, he was surprised to learn that they were going to charge him a facility fee for assisting him.

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facilitation facility space