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If these fees are insignificant they can be expensed at the time incurred. On larger loans these fees can be materially significant. In these cases, the origination fees associated with the loan can be capitalized and amortized over the life of the loan.
The overarching accounting theory when accounting for these types of costs is the utilization of the matching principle. This means that to properly match these costs with the new loan, the costs should be capitalized and amortized over the term of the loan.his may mean recording a current and non-current portion of the capitalized loan fees. Illustration: A Company enters into a new line of credit agreement with their bank. The agreement requires a loan origination fee of $20,000 which is paid by the Company to the lender at the date of the line of credit closing.