answered
Q: On a commercial loan is it possible the same margin or line fee above the BBSW for the first 3 years be negotiated to roll into the following 3 years. I’m concerned that if we’ve been offered a margin of 3% for the 3 years, the bank can then bump it up to 5% after the first 3 years. Can the same margin be included in the agreement for 3x3 year loan agreement?
A: Thanks Casey for taking the time and for the clear explanation of our options... best wishes
question
Q: On a commercial loan is it possible the same margin or line fee above the BBSW for the first 3 years be negotiated to roll into the following 3 years. I’m concerned that if we’ve been offered a margin of 3% for the 3 years, the bank can then bump it up to 5% after the first 3 years. Can the same margin be included in the agreement for 3x3 year loan agreement?
