When the bank used by YTB (and owned by YTB Board Members) was seized by the FDIC, the loan on their office had to be renegotiated or paid in full. They could not pay it so they renegotiated it and were able to do so at 8% interest according to the SEC Filing. Alternately, with a $200K payment they can get Prime +4%. Wow, quite a difference from the sweetheart rates they had when they were dealing with a bank controlled by their Board members.
But 8% is certainly on the high side of commercial interest rates according to RealtyRates.com. I am not familiar with commercial loans, but I imagine like a consumer loan, the interest increases with the risk. Hmmm.