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79LilRedExpress 05-19-2015 11:34 AM

Floorplan
 
LIBOR vs INTEREST RATE

What are your thoughts?

conn02 05-19-2015 01:38 PM

Right now LIBOR is the one to choose. It has been a stable low marker of rates. Going forward not so sure, I am sure that rates are going to raise to more historic normal rates:(. Maybe it will go up as slowly as it came down. Sure has been nice to have a credit on my statement where an expense usually is

XDCX 05-25-2015 12:07 PM

I guess I've been out of the loop too long - I thought most floorplan lenders went to LIBOR several years ago. :confused:


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