Quote:
Originally Posted by RickFLM4
I don’t find the loan terms onerous for the EIDL program (no payments for a year, 30 year term at 3.75%, can prepay at any time).
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I meant the other terms of the contract. Being able to have anything you own as collateral, having to only use the money for specific things and not others etc. That's my understanding anyways, could be wrong.