Pukwudgie â representative of the heart; a short, grey-faced, large-eared creature.. Thunderbird â representative of the soul; a creature that can create storms as it flies.. Wampus â representative of the body; a magical, panther-like creature that is fast, strong and almost impossible to kill..
Base Rate. 1  Base Rate is the minimum interest rate at which a bank can lend except for loans to its own employees, its retired employees and against bankâs own deposits. 2  All floating and fixed rate loans sanctioned by banks before 1st April, 2016 were priced using base rate as benchmark.
But the pay-off is lower interest rates. For an SBA-backed loan, the lender can't charge more than the prime rate (as published in the Wall Street Journal), plus 2.25% for a loan due in less than seven years. The prime rate is currently 3.25%. This would bring your interest rate to a maximum of 5.5%. For loans due in more than seven years, the maximum interest rate is prime plus 2.75%, which would bring it to 6%. The SBA allows lenders to pass along certain fees to borrowers.