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In response to
"Weird Question but: Would you consider a interest rate of 10% high or low if you are trying to get a loan for a business? "
by
Walt_Disney
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It completely depends on several factors. The kind of loan it is (secured or unsecured, if secured what kind of collateral and what priority), also
Posted by
pmb (aka pmb)
Feb 27 '13, 12:00
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the track record of the business. I see business loans with rates this high with some regularity, but it depends on the circumstances of the borrower.
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