The Current Business Loan Interest Rates

Updated Hourly

How is the interest rate on a Business Loan Calculated?

Most lenders quote an Annual Percentage Rate (APR), which shows the total yearly cost of your loan, including interest AND all fees. This is the number you want to focus on because it gives you the complete picture of what you'll actually pay.

Interest is usually expressed as a percentage of the amount you’ve borrowed, the higher the interest rate, the more money will be added to your original loan amount.

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