If one company gives long-term loan to another, how big is rate for it usually?
Our international company wants to give a loan to American company.
100000 USD for 2 years. We want to make 2% rate. What do you think, it is legal? what rate usually companies are using?
- Anonymous9 years agoFavorite Answer
Any interest rate is legal in the US. You can read the Wall Street Journal or any financial paper or web site to find the prime rate. If the company is in good financial shape, they will borrow from a bank unless you offer a better rate than the bank does.
- andyLv 79 years ago
I think that this is legal and with the interest rate on loans being relatively low, if the American company that you are lending the money to is credit worthy or they are putting up equality for this I would say go for it.