Thursday, November 4, 2010

The SBA and the Fed- Exceptionally low interest rates for an extended period

The Federal Open Market Committee said yesterday that they will keep interest rates "exceptionally low" for an "extended period."

That means the variable rate of a SBA 7(a) loan offers an unique opportunity for borrowers that will persist for some time.

So how long is an "extended period?"

For that answer, you might want to check this out-
http://idosbaloans.blogspot.com/2010/06/when-will-fed-raise-rates.html

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