Jun
12
Interest rates affect commercial loans?
Filed Under Credit
SpotsB4myeyes asked:
How — and if so, how much — will an additional interest rate cut from the Fed affect business start-up loans?
JAN
How — and if so, how much — will an additional interest rate cut from the Fed affect business start-up loans?
JAN
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One Response to “Interest rates affect commercial loans?”
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the fed cuts have a larger impact upon short(er) term loans so the longer term the loan, the less of an impact.
If your business loan is linked to the “prime rate”, then the impact will be significant.