Guaranty Fee. The Lender shall pay a guaranty fee to VSBFA equal to one and one-half percent (1.5%) of the guarantied portion of the loan or line of credit. The Lender may assess this guaranty fee(s) on the Borrower.
Appears in 2 contracts
Guaranty Fee. The Lender shall pay a guaranty fee to VSBFA equal to one and one-half percent (1.5%) of the guarantied portion of the loan or line of credit. The Lender may assess this guaranty fee(s) on the Borrower.
Appears in 2 contracts