UPFRONT BANK COSTS FOR DUE DILIGENCE

Hi all, I have heard that banks will ask for an upfront payment to cover their due diligence costs. Is this true for all banks or only some? Is this negotiable?

It makes me wonder what the point of hiring a great law and accounting firm is, if we need to pay for QoE and dliligence, then the banks want want more money to cover their diligence. Thank you



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