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Why it is important to note the interest paid by the business on a loan?
Wiki User
∙ 12y ago
This is to enable one ascertain the position of his or her business. That is whether the business is running at a loss or making profit
Wiki User
∙ 12y ago
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Where can a business owner apply for a commercial business loan?
A business owner can apply for a commercial business loan at a nearby bank. In finance, a loan is a debt evidenced by a note which specifies, among other things, the principal amount, interest rate, and date of repayment.
What is different about fixed rate mortgages?
The most important difference is the interest rate on the note remains the same through the term of the loan, instead of a common loan where the interest rate may adjust.
A note issued by the government which promises to pay off a loan with interest?
its a Bond.
If you have a promissory note based on a business loan and you file bankruptcy on that business loan is the promissory note still valid?
Even though you file bankruptcy, you still have to honor the promissory note. If you are ordered to make installment payments then you will have to pay the promissory note in installments.
In a non-interest bearing note the maturity value is the same as the?
issue value, however, normally sold at a discount. Payment of the note and interest is made at the end of the loan.
What are bonds in history?
a note issued by the government which promises to pay off a loan with interest.
How Do Business Loans Work?
Business loanswork much like other business financing products. You and the lender agree on an interest rate and payment plan, and you sign a promissory note that defines your settlement in writing. The lender may require you to provide security for the business loan, such as your home or other important personal assets that the lender can take in case you fail to pay back the money.
what would be a monthy payment run on a 30 yrs. note and a 175,000 loan?
That greatly depends on the interest rate that you obtain on your loan!
When a borrower receives the face amount of a discounted note less interest the amount is known as?
When a borrower receives the face amount of a discounted note less interest the amount, this is known as a discount loan. A discount loan is not actually discounted in the traditional sense.
Promissory Note - Due on Demand (Personal)?
Get StartedA Due on Demand Promissory Note specifies the terms, rights, and obligations that apply to a loan. The party making the loan is the "Lender" and the party borrowing the loan funds is the "Borrower." The Note includes provisions regarding the amount of the loan, the interest rate, and the date by which the loan must be repaid. It also includes other general provisions that are important in enforcing the payment of the loan.A Due on Demand Promissory Note is payable "on demand." In other words, payable immediately at the request of the Lender.
What type of loan in which the loan amount and interest are due in one payment at maturity?
Single payment note. They generally run three to six months in lengh.
Why do rates go up on an ARM interest only mortgage?
Every ARM loan is tied to an index and that has a rate that can increase or decrease. Your loan also has a margin which stays constant. The average margin in 2.25%. Read your Note it will tell you when the first adjustment will be and this will cause your interest rate to increase or decrease. Your payment will adjust, but according to the Note it will still be Interest Only for the period stated on the note. You will see a big increase when the Interest Only period is over and your payment becomes, Principal and Interest.
