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How are commercial loan rates determined?

How are commercial loan rates determined?

Commercial loan rates are tied to the prime rate. As mentioned above, they run as low as 2.75 percent above prime and as high as 10 percent above prime. To keep track of prime rate, bookmark this Federal Reserve Prime Rate website.

 

 

 


First Financial

First Financial ® Corporate Headquarters 2850 Womble Road Suite 100-604 San Diego, CA 92106

Client Service Center: Main: 1-800-315-7791 Fax: 1-800-215-0217 (Monday–Friday 5:00am–6:00pm Pacific or 8:00am–9:00pm Eastern)

Merchant Services / High Risk Merchant Accounts: 1-800-950-0212 Fax: 1-800-215-0217

 

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