How do I qualify for a business loan?
February 20, 2024What kind of documentation is required to apply for a business loan?
February 20, 2024The interest rate for a small business loan varies based on the security used for the business loan, the type of security, credit risk and income. Generally, the higher risk business loans attract higher interest rates however traditional commercial loans can start from interest rates under 9% while more specialised business loan rates can be over 10%.