05-19-2015, 11:34 AM | #1 |
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Join Date: May 2008
Posts: 713
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Floorplan
LIBOR vs INTEREST RATE
What are your thoughts? |
05-19-2015, 01:38 PM | #2 |
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Join Date: Feb 2008
Posts: 148
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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
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05-25-2015, 12:07 PM | #3 |
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Join Date: Nov 2007
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I guess I've been out of the loop too long - I thought most floorplan lenders went to LIBOR several years ago.
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