Google Answers: Corporate Loan - Early Repayment & Maximum Interest Policy in California

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Q: Corporate Loan - Early Repayment & Maximum Interest Policy in California ( No Answer, 0 Comments )

Question

Subject: Corporate Loan - Early Repayment & Maximum Interest Policy in California
Category: Business and Money > Finance
Asked by: phiiota-ga
List Price: $10.00

Posted: 28 May 2004 10:18 PDT
Expires: 27 Jun 2004 10:18 PDT
Question ID: 353204

I (an individual) is in the process of loaning a small california
corporation a sum of approx. 60K @ 33% interest rate. My Primary
question is do I have to allow early repayment option? If I do allow
early repayment option what is the maximum early withdraw penalty I
can charge and in what form? The second question is what is the
maximum interest I can charge for loans to corporations in California?
If possible please provide support links and written examples of
agreement text.

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