Business loan interest rates can vary wildly between loan types and lenders, but qualifying for the lowest possible rate will save your business money in the long run.
Average business loan rates will depend on factors such as the interest rate market and the type of loan you’re considering. Before applying, shop around for the best deal.
Average business loan interest rates vary with market forces and by loan type and lender. What rates can you expect?
Check out our guide to average business line of credit rates before shopping for this type of short-term business loan.
Current average business loan interest rates by loan type (including SBA), creditworthiness, and loan term length. Find your true loan cost.
Average business loan interest rates range from 6.14% to 12.47% at banks. The interest rate you receive varies based on loan type, lender and more.
The average personal loan rate is currently 20.64%. But rates can vary and are based on several key factors, including your credit score.
Business loan interest rates can range from 3% to 60.9%. The interest rate you receive may vary by loan type, lender and your personal qualifications.
This statistic illustrates the average interest rates of new business loans to large enterprises in Greece from 2007 to 2018.
This statistic illustrates the average interest rates of new business loans to large enterprises in Ireland from 2007 to 2018.