Interest Rate
August 22, 2013 | | Kris Tabetando | 0 Comment
Interest Rate is the amount charged as a percentage of principal by a lender to a borrower for the use of assets. Rates are usually stated on an annual basis.
Interest rates generally only come into play in website purchases involving seller financing when a website seller offers financing to a buyer in order for the buyer to purchase their website. The buyer makes an initial cash down-payment and pays the balance in scheduled debt payments over time. The seller can, like a bank, charge interest on the balance.
Author: Kris Tabetando
Kris Tabetando provides mergers & acquisitions (M&A) advisory and brokerage services to Internet companies. He also partners with investors to acquire & manage Internet businesses.
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