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 how good is such loan ?, commercial rate

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TSmchenn
post Jan 5 2016, 05:40 PM, updated 10y ago

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36 posts

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Hi guys, received a "quotation" on commercial rate loan (those kiosk type lot)
stating IBR = 3.2% and then + 1.65% = 4.85% will be my loan interest rate.

Is this a good figure ?
Where can i get more / better rate from agent / banks ?
thanks

SUScall me random
post Jan 12 2016, 08:44 PM

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Joined: Jan 2013
i always check on ringgitplus for crosschecking on few available banks..
enriquelee
post Jan 13 2016, 05:19 PM

Don't ask for more, ask for COKE
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Joined: Jan 2003
From: Atlanta

QUOTE(mchenn @ Jan 5 2016, 05:40 PM)
Hi guys, received a "quotation" on commercial rate loan (those kiosk type lot)
stating IBR = 3.2% and then + 1.65% = 4.85% will be my loan interest rate.

Is this a good figure ?
Where can i get more / better rate from agent / banks ?
thanks
*
What is your loan size?
Why don't you get more quotation from their competitors?

 

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