Prime Rate
Government · Canada · 51-200 Employees
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Overview
Headquarters
CanadaWebsite
www.fedprimerate.comRevenue
$10.2 MillionIndustry
ZI Rank: 1
Signal Type
Dec
Jan
Feb
Mar
Apr
May
ZI Rank
1
1
1
1
1
1
About Prime Rate
interest rates will be on December 16, 2020. The U.S. Prime Rate is a commonly used, short-term interest rate in the banking system of the United States. All types of American lending institutions (traditional banks, credit unions, thrifts, etc.) use the U.S. Prime Rate as an index or foundation rate for pricing various short- and medium-term loan products. The Prime Rate is consistent because banks want to offer businesses and consumers loan products that are both profitable and competitive. A consistent U.S. Prime Rate also makes it easier and more efficient for individuals and businesses to compare similar loan products offered by competing banks. Each U.S. state does not have its own individual Prime Rate, so the "New York Prime Rate" or the "California Prime Rate" are in fact the same as the United States Prime Rate. Providers of consumer and commercial loan products often use the U.S. Prime Interest Rate as their base lending rate, then add a margin (profit) based primarily on thRead more
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Revenue
Number of Employees
Type
Funding
Founded In
Prime Rate
$10.2M
51-200
Private
-
2004
N/A
Company Profile Activity
Activity Insights
Prime Rate is experiencing very low activity levels compared to other companies in the Government sector.
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Prime Rate is drawing exceptional interest within the Government industry, suggesting notable developments or strong market momentum, learn more about Prime Rate.
Prime Rate Tech Stack
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Frequently Asked Questions Regarding Prime Rate
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interest rates will be on December 16, 2020. The U.S. Prime Rate is a commonly used, short-term interest rate in the banking system of the United States. All types of American lending institutions (traditional banks, credit unions, thrifts, etc.) use the U.S. Prime Rate as an index or foundation rate for pricing various short- and medium-term loan... Read More
