After reading a blog post where the author said interest rates shouldn't affect the price of a business I realized that's not true. It may not affect the value an appraiser would put on the business but the price is different - it's the market at work.
I go through interest rate history, why it matters, and give examples of loan payments and total interest paid for SBA and conventional loans in 2021 and now (early 2024).
John Martinka
Jessica Martinka
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