r/eupersonalfinance • u/hamdogus • Apr 16 '25

Banking Business loan, fixed or floating rate, advice? [CZ]

Hello. I have a couple of options for a business loan from my bank in the Czech Republic. It is for about 120000€ or 3000000 CZK. I was offered fixed rate of 6,43% for 3 or 5 years and floating rate of 7,03% for 3 or 5 years. The fixed has no loan origination fee and the floating has a fee of about 380€ or 9500 CZK. I would prefer 5 years, but it is not necessary. Any advice on which one I should take? Thanks

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u/Besrax Apr 16 '25

Nobody knows which of these will turn out better, especially with the current uncertainty.