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Why is the Macquarie Asset Manager a variable-rate loan?

April 26, 2017ASSET loan Macquarie manager variable-rate

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Why is the Macquarie Asset Manager a variable-rate loan?

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The Macquarie Asset Manager is actually a line of credit, which allows the borrower to borrow up to their limit and repay as they choose (as long as they meet their minimum monthly obligations). Like most lines of credit, the interest rate varies with the market.