July 26, 2016

Commercial Loan Rate Survey – Florida – Aug 2016

By: John Patterson CFP ® If you caught all your Pokemon and you’re ready to shop for a business loan, August should be a great month to find a good deal. Interest rates continue to be very stable this summer with no expected changes by the Federal Reserve Board who don’t have […]
October 26, 2016

Five Red Flags to Spot a Predatory Small Business Lender

Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. It is also any practice that convinces a borrower to accept unfair terms through deceptive, coercive, exploitative or unscrupulous actions for a loan that a borrower doesn’t need, doesn’t want or can’t afford. Scenario: Despite trying your best your […]
December 19, 2016

Commercial Loan Rate Survey – Florida

Commercial Loan Rate Survey – Florida By: John Patterson CFP ® Up, up and away. Unfortunately Cats & Kittens, interest rates have recently gone up and future rises in interest rates in 2017 looks probable. The prime rate just rose ¼% and is now at 3.75%. In a little over a month the 5 […]
March 16, 2017

Florida Business Loans (Interest Rate Survey) – March 2017

By: John Patterson CFP ® It looks like the Federal Reserve Board is trying a full court press to keep inflation at bay. This month marks the second time in the last 3 months that the Fed has increased rates. If you are filling out your brackets this would raise the Fed’s […]