Calculated ordinarily as a percentage of the funds being raised and paid to a Placement Agent, if used, by the borrowers from the funds being advanced to the Issuer. Borrowers will also reimburse the Placement Agent and other professional service providers for any Offering expenses, which will include out-of-pocket due diligence expenses, legal, travel, and other expenses related to the Offering. Pertains to debt, equity and real estate investments.
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by bsmith@carofin.com | Jun 21, 2022