Commercial Mortgage Interest Rates for User Buildings - Rate Outlook
Rate Outlook for Small Business loans to purchase facilities
The current rates for small business have been holding steady over the last several weeks. Noting the pressures facing our global and national economies will put a bit more pressure on the upside in the near term. Banks remain cautiously optimistic toward lending practices with a heavy appetite for A credits and continued reduced demand for weaker credits. Borrowers can typically fix their interest for 5 years without having to pay a huge premium due to the interest uncertainty over the long haul. In summary, the current rate environment remains positive for small business loans to purchasing facilities. By Mike Allen - Allen Capital Funding 832.661.6453
