I borrowed 50,000 yuan from my friend to start a business, but his condition was to pay him 2,500 yuan interest every month, and the advantages and disadvantages of borrowing 654.38+10,000 yuan from the bank. The standard interest rate for a bank 1-5 years is 5.49%, so you can borrow 50,000 yuan. If the bank does not float the interest rate, the interest = 50,000 * 5.49% = 2,745 yuan, that is, the annual interest of 50,000 yuan is 2,745 yuan.

Your friend wants 2500 yuan a month, which is equivalent to 30 thousand yuan a year, that is, 50 thousand yuan a year, plus 30 thousand interest. The annual interest rate is 60%, which is 12 times of the national legal interest rate.

Therefore, if you can apply for a bank loan, it is better to choose a bank loan.

Your friend's this can basically be divided into usury guarantee companies, hehe!