The Lower East Side People's FCU is a business loan from Lower East Side People's FCU. The ongoing APR is Based on the 3-Year Treasury Rate rounded to the next highest quarter of one percent or a floor rate of 7.75%, whichever is greater, plus a margin ranging between 250 and 450 basis points depending on the overall creditworthiness of the borrower; subject to change every three years. Typical credit limit: Amounts start at $10,001 with no maximum. Loan terms: Terms up to 15 years; longer amortization of 360 months may be offered, with a balloon payment due in the 180th month.