Gross and Net Interest Rate

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  • lenderRus #4435

    Hi,

    May I know what is the 4% differential between Gross and Net Interest Rate expected on this loan?
    Also has the previous loan been completely paid out by the obligor?

    regards,
    Vaibhav

    Reply
    Teddy BaƱas #4436

    Dear lenderRus,

    The 4% differential is for the administrative fee. The previous loan is still being paid out by the obligor.

    Marketlend

    Reply
    lenderRus #4466

    So if I bid 14% do I get 10% only?

    Reply
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