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Oct 18, 2021
4:13
:52
pm
kccougar
Truly Addicted User
10%
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kccougar
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kccougar
Joined
May 29, 2001
Last login
May 23, 2024
Total posts
88,743 (15,121 FO)
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Messages
Author
Time
What kind of interest rate would you hope to get for a $110k loan from a friend backed by a personal guarantee?
CrimWalCoug
All-American in practice
10/18/21 4:13pm
10%
kccougar
10/18/21 4:13pm
Personal meaning no collateral? That is a tough loan to give but 12% at least.
Ycrazy
10/18/21 4:14pm
I would not loan, or borrow money from a friend. So.......
TheHop
10/18/21 4:14pm
^^
j20
10/18/21 11:37pm
10-20% depending on the businesses viability. I would guess closer to 20% to be honest.
kimdaddy35
10/18/21 4:15pm
15%
cougfanz
10/18/21 4:29pm
I wouldn't call it a loan, but an investment. And investment comes with risk.
chrisrenrut
10/18/21 5:39pm
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