Banking
Agency Fee — Syndicated Loan Administration
Earning an annual fee for administering a syndicated loan on behalf of the lender group.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Borrower Account (Fee Debit) | Liability (-) | 100,000.00 | - |
| Agency Fee Income (Annual) | Revenue (+) | - | 100,000.00 |
💡 Accountant's Note
The facility agent receives an annual fee for coordinating drawdowns, repayments, waivers, and information distribution among syndicate members. Recognized over the year as services are performed.
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