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Share Rates | Business Loans

Alaska USA has a wide range of financing options available for your business. Business lending programs are described below. Business members can also take advantage of Alaska USA's consumer lending programs for vehicle loans and other secured lending needs.

Business Loan Rates

All rates depend on a number of factors, including the amount you borrow, financial strength of business, collateral, term of the loan and your credit rating. Generally, rates are:

Line of credit and construction loans -- Wall Street Journal prime rate, plus 0-6%
Adjustable rate term loan -- 3-Year or 5-Year (ISDA^®) mid-market par swap, plus 2-6%
Variable rate term loan -- Wall Street Journal prime rate, plus 0-6%

Applying for a business loanCurrent Index Rates as of: 7/7/2008
Index	Rate
Wall Street Journal Prime Rate	5.00%	Historical Graph

Loan Type	Rate Information
Share Secured Loans	Rate is based on the share savings or certificate rate plus points between 2 – 4% depending on the term of the loan
Term Loans not secured by Real Estate	Rates on inventory and security loans can be fixed or variable Fixed rate is based on the 3-Year (ISDA^®) mid-market par swap Variable rate is based on Wall Street Journal prime rate plus points Rate on equipment loans can be fixed, variable or adjustable* Fixed rate is based on the 3-Year or 5-Year (ISDA^®) mid-market par swap Variable rate is based on Wall Street Journal prime rate plus points * Adjustment period is every 3 or 5 years
Commercial Real Estate Loans	Rate can be fixed, variable or adjustable* Fixed and adjustable rate is based on the 3-Year or 5-Year (ISDA^®) mid-market par swap Variable rate is based on Wall Street Journal prime rate plus points * Adjustment period is every 3 or 5 years
Unsecured Loans	Rate can be fixed or variable Fixed rate is based on the 3-Year (ISDA^®) mid-market par swap Variable rate is based on the Wall Street Journal prime rate plus points
Secured Lines of Credit	Rate is floating based on the Wall Street Journal prime rate plus points. Lines under $50,000 have a 6% floor.
Unsecured Lines of Credit	Rate is floating based on the Wall Street Journal prime rate plus points. Lines under $50,000 have a 7% floor. Lines over $50,000 have a 5% floor.