The Changelog: Software Development, Open Source
The Moneyball approach (Interview)
John Nunemaker
So it's like super high interest rates, like prime plus two or something like that is what I was told. I just did a commercial loan with collateral. My house is collateral. And yeah, I ended up with below six and a half percent. So like half the interest rate for me. Additionally, an SBA loan, you typically have to pay off in five to 10 years. So your payments are, they go way up.
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