H hgolden New member Jun 4, 2010 #1 I am renewing my $150K line of credit for my business. My proposed interest rate on the Note is index (currently 3.250%) plus .5% with a minimum of 5%. Is this a competitive rate on a 1 year business line?
I am renewing my $150K line of credit for my business. My proposed interest rate on the Note is index (currently 3.250%) plus .5% with a minimum of 5%. Is this a competitive rate on a 1 year business line?