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SBA guaranty interest rates

Question
What is the interest rates on SBA guaranty loans? 
Answer
Interest rates on SBA guaranty loans are established in negotiation between the SBA lender and the borrower. However, the rates may not exceed 2.75 percent over the New York prime rate. Slightly higher interest rates may be charged on loans less than $50,000. 
Brain Trust contributor: Author of Instant Profits: Making Your Business Pay
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