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0:28
YouTube
We Close Notes
Term Loans: Understanding Rates, Length & Credit Impact
We explore term loan durations, typically 5-7 years with no prepayment penalty. The interest rates range from 9-15%, contingent on the borrower's creditworthiness. A stronger credit profile results in a lower interest rate. #TermLoans #LoanRates #CreditScores #SmallBusinessLoans #BusinessFinance #LoanTerms #InterestRates #FinancialPlanning # ...
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