Tuesday, May 8, 2012

Loans

Here some information on getting loans...which  I would need if I started a business.

General purpose loan: $2,000-$100,000
  • you would have up to 120 months to pay it back
  • Borrowing $100,000 for 120 months, the interest rate would be 5.84% with M&T Bank.
Business purpose loan: depends on what it is for (equipment, store, etc.)


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