0
The current rate for commercial lending depends on the country you live in. The US Commercial Rate for MSJ Prime is currently 3.25%. Rates may also vary depending on what you're lending for(apartment, office, etc).
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
What is the current interest rate of a Yes Loan?
I have looked around, but it may not be the most current interest rate, seeing as all I could find was from August 1st, 10.25% was the Base rate, and their prime lending rate was at 19.75% at that time.
What is the minimum lending rate?
Minimum lending rate is the rate officially charged by the Bank which will refrain from lending money. It is also referred as the discount rate in American English.
What is the Louisiana Usury Rate?
The current usury rate for the state of Louisiana is 12 percent, in September of 2014. The law in Louisiana states that the lending rate for personal loans cannot be more than 1 percentage point over the prime lending rate. It also states that the usury rate cannot fall below 7 percent.
What financial services are offered by Horizon Bank?
Some of the financial services offered by Horizon bank are: "personal banking" - current accounts, personal loans, "business banking" - business account, commercial lending, treasury service, "real estate lending" - mortgage lending, home loans, home equity loans and commercial real estate loans.
What is the average current fixed rate mortgage in Massachusetts?
The fixed rate mortgage amounts in Massachusetts depend mostly on the bank that is lending you the money, but they range anywhere from 3.250% to 4.625%.
What is current prime lending rate of SBI?
14.75%
What is the simple definition of base rate?
Base rate is the rate of interest which is considered as a basis by commercial bank for their lending rate..
Can a country have two set of interest rate one for commercial lending and the other for personal lending and mortgage?
An entity (country, corporation, individual creditor) can lend at rate n1 to certain debtors and at rate n2 to certain other debtors.
What is the current interest rate of a Yes Loan?
I have looked around, but it may not be the most current interest rate, seeing as all I could find was from August 1st, 10.25% was the Base rate, and their prime lending rate was at 19.75% at that time.
What is the minimum lending rate?
Minimum lending rate is the rate officially charged by the Bank which will refrain from lending money. It is also referred as the discount rate in American English.
What is the definition of a 'prime rate'?
Prime rate really means the lowest rate that commercial banks charge when lending money to the most credit worthy business users. They will tend to be large corporations who will present very little risk as far as the lending banks are concerned. The prime rate will also determine other lending rates set by the bank for mortgages and other loans.
What is RPLR?
Retail prime lending rate which usually the bank's lending rate for the loan
What is the Louisiana Usury Rate?
The current usury rate for the state of Louisiana is 12 percent, in September of 2014. The law in Louisiana states that the lending rate for personal loans cannot be more than 1 percentage point over the prime lending rate. It also states that the usury rate cannot fall below 7 percent.
What financial services are offered by Horizon Bank?
Some of the financial services offered by Horizon bank are: "personal banking" - current accounts, personal loans, "business banking" - business account, commercial lending, treasury service, "real estate lending" - mortgage lending, home loans, home equity loans and commercial real estate loans.
What is a concessional interest rate?
An interest concession is a reduction, compared with commercial interest rates, in the interest rate charged on a loan taken out. Such concessions are typically provided directly by a government agency or by a government grant to a lending bank (in the case of a commercial loan).
What is meaning to Repo rate?
the no of times a husband sleeps with his wife is called repo rate
What is the average current fixed rate mortgage in Massachusetts?
The fixed rate mortgage amounts in Massachusetts depend mostly on the bank that is lending you the money, but they range anywhere from 3.250% to 4.625%.
