With the federal funds rate at its lowest level in 60 years, the Federal Reserve is creating an opportunity for those business owners looking for debt to build and grow. If you borrow $1m today at a 10-year 4.5% annuity (with 10% down), you will save $162,684 in interest fees over the life of the loan vs a comparable loan offered at 7.5%.
The timing is perfect if your company needs expansion. Money isn’t free but it will never get cheaper.
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