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Wanting to invest in a business,we were advised to check first "the cost of money" in the international market |
as advised it is 1.5% now per month. The cost of money refers to the interest rate a bank will charge you for it. There is no standard reference for this because banks will charge you a premium over the reference interest rate (or 'prime' rate) that will change from bank to bank. If you are curious about the 'prime' rate, or want to use it as a reference, you can find it here: http://www.moneycafe.com/library/prime.h... |
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| Capital Investment Business Investment Business financing Business Invest Business Debt Bond Investment Angel Funds Alternative Investment |
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