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What Type of Terms and Rates do lenders offer?

April 26, 2017lenders Offer rates terms type

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What Type of Terms and Rates do lenders offer?

1 Answer

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• Non-Revolving Lines of Credit. • Term loans from 3 years to 15 years. • Amortization from 3 years to 25 years. • Variable and fixed rates are available. • Some lenders base rates on the LIBOR + margin for lines of credit and the SWAP rates + margin for term loans.