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Typical

bizbanq.com

Loans

Typical business loan from
another leading online lender

Repayment Term 1-5 years
(means lower monthly payments)
Typically less than a year
Type of Rate Fixed interest rate
simple and transparent
Factor rate
This is not an interest rate, and can make
expensive loans appear cheaper1
Origination Fee 0.99% – 5.99% 2.5%
Early Pay Off $0. You can eliminate interest costs by paying off any time You’re charged interest for the entire
loan – even if you pay off early2
Monthly payment per $10,000 borrowed3 $227 – $955 $509 – $3,900 (Daily payments required)
Total Annualized Rate4 8% – 32% 35% – 99%

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