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Interest Rate Laws in the State of Texas The state of Texas has consumer protection laws that limit the number of interest creditors can charge for certain types of loans. These legal limitations are intended to prevent the practice of usury, which is the charging of excessive interest and fees on loans made to consumers and businesses.
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The average interest rate for small business loans will vary based on the type of loan product, the lender and your qualifications as a borrower. However, we’ve compiled some data to get a general picture of what average interest rates are. Click to read more.
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We also offer a full range of structured interim financing and mini perm for all stages of your commercial real estate project. If you’d like additional information regarding how a commercial real estate loan from CommunityBank of Texas could benefit your business, please contact Steve Jukes at email@example.com or 713.308.5774.
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A commercial property loan officer will answer your call, not a receptionist so call now to have an answer or quote and structure in the next few minutes not a few days like most commercial lenders. Top 10 reasons to use us. 1. EXPERIENCE. We are in Texas and have been in the business of closing Texas commercial loans since 1998.
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