a loan via SBA..

Phil Bondi tito@peganet.com
Tue, 28 Jul 1998 23:03:05 -0400



JIMRPT@aol.com wrote:

> Phil;
>  An SBA loan is a signature loan, basically, and a rate of 11.5% for a non
> collateralized signature loan is not out of line at all.

..you're absolutely right, Jim..it's not..

> The 11.5% comes from
> current prime (8.5) plus three points (3).  If you feel that an SBA loan is
> the way for you to go I wouldn't let this quoted rate stop me.

..are there any other suggestions out there..??..i'm all ears.

Phil







This PTG archive page provided courtesy of Moy Piano Service, LLC