Small business loan

Lesson6小本生意贷款Small Business Loan （ESL352）

Kerry: I need to take out a small business loan and I’m trying to figure out what the interest rate woul

d be. Do you understand this stuff?

Oscar: If it’s the same as a mortgage loan, then I think I understand it in general terms. The interest r ate would be the percentage of the amount you plan to borrow. It’s usually calculated as an annual rat e. So, for instance, a 10 percent interest rate on $100 would be $10 a year.

Kerry: Okay, I see, but how is my monthly payment calculated?

Oscar: As the borrower, your monthly payment depends on the term of your loan. Each month, you’l l pay money toward the principal, plus the interest you owe the lender. The bank may also assess oth er fees for processing your loan, so make sure to read the fine print.

Kerry: Thanks. I understand it a little better now.

Oscar: Are you sure you want to go down that road? You don’t want to default on your loan and r uin your credit score. Maybe there are other options.

Kerry: Maybe there are, but I just don’t see any right now. I have an appointment with an accountant n ext week and hopefully she can advise me on the best course of action.

Oscar: Good luck and let me know if I can help.

Kerry: Thanks, I will.

中文翻译

Kerry：我需要得到小本生意贷款，同时我想知道利率是多少，你了解这些吗？

Oscar: 如果它是跟抵押贷款相似，那么我想我可以用一般条款来理解它。利率应该是你借贷数字的百分比，它一般都是以年利率计算的。例如，100元的百分之十利率就是10元一年。

Kerry: 好的，我明白了。那么，我的月付款怎么计算呢？

Oscar: 作为借贷者，你的月付款要依据你的贷款条款。每一个月，你都要付掉一些本金和你欠贷方的利息。银行会取得一些作为办理你贷款的其它费用，所以你得仔细阅读合约上的条文。

Kerry: 谢谢，我现在更多了解了一些。

Oscar: 你确定你要做这个决定吗？你不能在借贷上违约，会破坏你的信用积分，或许你还有其它的选择。Kerry: 也许吧，但是我现在没看到。我下周跟一个会计师有约，希望他能给我最好的建议。

Oscar: 祝你好运，如果需要我帮忙尽管别客气。

Kerry: 谢谢，我会的。