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Working-capital loans have repayment periods of between six and 17 months, while expansion loans have 18- to 24-month terms.
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Typical installment loan APR Range based on an initial payment scheduled 21 days from the effective date of the loan and all payments thereafter being every 14 days: 780.
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Additionally, an individual or entity that applies for a loan under this program must be a U.
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Sarah opens up a $20,000 home equity loan on her personal home to fund the down payment and then get a conventional mortgage from a bank for the remaining $80,000 on the investment property.