fed rate hike
Why Fed Interest Rate Hikes Ruin Small Business Loans
Why Fed Interest Rate Hikes Ruin Small Business Loans Fed rate hikes ruin small business loans because a 25-basis-point increase can push a $200,000 floating loan from 3.25% to about 4.3%, adding $1,200 of annual interest and eroding cash-flow margins. The Fed’s move reprices bank