
Liberty Financial Flexible business loan
Term loan
Term loan from Liberty Financial, with rates from 14.95% a year.
- Interest rate a year, from
- 14.95%
- Establishment fee
- Not published
- Monthly fee
- Not published
- Borrow
- $50,000 to $500,000
Monthly repayment
$100,000 over 5 years
What it would cost
At the lowest published rate of 14.95%. The rate you are offered depends on your business, and the establishment fee is not included.
- Monthly repayment
- $2,376
- Total repayments
- $142,582
- Interest
- $42,582
Loan details
Rates
- Interest rate (a year)
- 14.95%
- Rate type
- Variable
- Security
- Not published
- Type of finance
- Term loan
Limits and fees
- Loan amount
- $50,000 to $500,000
- Loan term
- Up to 5 years
- Establishment fee
- Not published
- Monthly fee
- Not published
How it compares
Against the other business loans we compare. Typical means the middle half of them.
Most you can borrow
$500,000
Typically you can borrow up to $5,000,000.
Longest term
5 years
3 years is the usual longest term.
Pros and cons
Pros
- One rate for everyone. Everyone approved gets 14.95%, so the rate you see is the rate you get.
- No early repayment fee listed. You can pay the loan off early, or refinance, without a penalty. Check the terms to be sure.
Cons
- A lower limit. Up to $500,000, less than the typical $5,000,000, so it may not cover a larger purchase.
- A variable rate. Your repayments can rise if the lender lifts its rate, though they can also fall.
Similar loans
Business loans of the same kind from other lenders that start at a similar interest rate.
- Interest rate from
- 15.99%
- Establishment fee
- Not published
- Interest rate from
- 13.89%
- Establishment fee
- $5
- Interest rate from
- 13.68%
- Establishment fee
- Not published
