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June 2014

What Affects Small Business Loan Rates?

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If you are looking for cash or start-up capital for your fabulous business idea, you may want to consider borrowing it from a bank or an alternative lender. When entrepreneurs inquire about small business loans, the price they are typically quoted is based upon the prime interest rate. The prime rate is the benchmark that separates the most creditworthy borrowers from everyone else. 75% of the nation’s thirty largest banks Read More