Interlink Financial was going to be our choice, till I found out they were trying to hit me with something like 21% interest.
I kept asking the rep on the phone what the rate was, and he kept side-stepping it, saying "we don't actually use a rate, we use a 'money factor'....blah blah" Wouldn't tell me.
So I broke out my amoritization table booklet, did the math, and called THEM back to tell them what rate they couldn't tell me I was getting thu them. 21% was what it was, I told them.
They proceeded to tell me that the reason was because of our lack of track record as a business, which made some sense I guess.
But 4 years ago, if you had decent credit, the banks were lined up to loan you the money at a decent rate so I'm not sure what their deal was.
Did it all on a credit card (Chase), the next day, at a fixed rate of 7.99 and saved myself approx 14K in interest.
14 thousand dollars in interest is enough to get me to at least shop around....