A/R Finance & Factoring Terms GLossary

Definition ofUpfront 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.

Audio Definition/Pronunciation

OTHER TERMS BEGINNING WITH "U"

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