Hi
I just wondered if it is possible to get a fixed interest rate on the full term (7 years) on a 60k bank loan? Its for a business with very tight margins and as a result it would be assuring to know what the repayments will be for the full duration of the loan. What would the interest rate be on a full term fixed interest loan? So far I haven't been able to see a fixed interest product from any bank for the full term. Many thanks.
I just wondered if it is possible to get a fixed interest rate on the full term (7 years) on a 60k bank loan? Its for a business with very tight margins and as a result it would be assuring to know what the repayments will be for the full duration of the loan. What would the interest rate be on a full term fixed interest loan? So far I haven't been able to see a fixed interest product from any bank for the full term. Many thanks.