Ruth asks… Interest rates on commercial real estate loans? admin answers: They are usually tied to prime plus in our area unless your a big developer. The terms are not as good as home mortgagees. Lizzie asks… How to hedge interest rate risk on loan liability? I have floating rate SBA commercial borrowing with 30 [...]

George asks… I have a commercial loan secured with my home. Was told the early payoff penalty was calculated by rule of 78.? The loan is for 7 years . I’m in Maine and the loan company is based in NY. I thought the rule of 78s was illegal for loans over 5 years? Does [...]

Mark asks… Used car dealer will not refund money after returning car. Is this legal? I wanted to purchase a used 2004 Grand Prix GTP from a used car dealer with the settlement I received from my car accident in Feb. I went to see the car and saw it had dents in the rear [...]

Betty asks… If we want to fix the American economy are we going to have to do it ourselves? Every time I walk into a Wal Mart, K Mart, or Target everything I pick up says, “made in China”? So, if we’re importing everything we use from other countries, our basic every day necessities and [...]

Chris asks… Handlers: Can i get your advice on this? I attended a “Show & Go” today (basically a 1-class mock show) and the mock judge said to me after my down-and-back ‘She looked better there then in the triangle… She’d look a lot better if you gaited her in a straight line”. …………………… Apparently [...]

Steven asks… What is a great website to find grants for small business for woman? I have researched this and have a plan but now i just need help with the funding, I am going to start an assisted living home and was wondering if anyone knows any good grants for woman that I could [...]

Sandy asks… Does the government have Bipolar Bailout disorder? What is the best treatment? As cornucopian benefits flow from Washington, Uncle Sam turns out to suffer from Bipolar Bailout Disorder. Like a taxpayer-funded Push Me-Pull You, he goes both ways while consuming enormous resources on the road to nowhere. Today’s gargantuan mess started largely because [...]

Sharon asks… Are there any small business loans or grants out there that I don’t have to put money upfront myself? I am looking to open a small business in the town of Globe, Arizona. I am 21 with most likely crappy credit or none. I already know states have business grants or loans where [...]

Mandy asks… How should we go about obtaining finance for a small business? We are interested in buying a small cleaning business for around $35,000.00, which is in an area where we would like to move to. We have around $150,000 equity in our home, and we plan to sell our house to move to [...]

Carol asks… is there any way to get a start up business loan with horrible credit? im looking to start a small business. it will require about 20-30k in start up funding, but i know that i’ll never be able to save that without actually having the business started, and my credit is as low [...]