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A business owner needed a $250,000 loan to refinance a commercial property in Palm Coast, FL. He heard about TibBlit.com and used our website before turning to any banks.
He was extremely happy to quickly find lenders with great loan terms. The loan options he liked best were all traditional financing banks:
- A 10-year term loan at an interest rate of 4.7% locked for 5 years. The estimated monthly pymts were $1,609.
- A 2-year term loan with 12% interest which is locked for the entire loan term. The estimated monthly pymts were $2,500, but must be interest only pymts.
- A 3-year loan term having the same terms as loan option #2, still locked for the entire loan term.
If you are looking for a fast, easy, and free way to shop for a business loan please give TibBlit.com a try!