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SBA Loans Vs Traditional Small Business Bank Loans

 
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lutherbeau



Joined: 08 Nov 2012
Posts: 10
PostPosted: Fri Nov 09, 2012 4:12 am    Post subject: SBA Loans Vs Traditional Small Business Bank Loans Reply with quote
SBA loans interest rates also depend on economic conditions-they are tied to the prime rate of interest, a composite index determined by a group of large banks. Depending on the term, type, and amount of the loan there is also a fixed percentage added to the prime rate, to determine the final interest rate of the loan.
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