What are business- loans interest rates usually like?

Author	Message
Written on: 14.11.2009 [23:51]
Farrel Farrel Topic creator Posts: 4	I need to take out a business loan in order to purchase a new property to expand my business, but I have no clue what to expect. I don’t want to accept a higher rate of interest when there are cheaper ones available. How much are business loans interest rates usually?
Written on: 17.11.2009 [18:16]
Isaac Isaac Posts: 4	There isn’t really a definite number. Most people agree that it is between 4-6% however this can be changed dramatically depending on your circumstances. What kind of credit history you have, how risky the business plan is and what kind of collateral you have.
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Written on: 18.11.2009 [17:44]
Louie Louie Posts: 3	Have you tried using a few of the online calculators? They if you research enough of them you should be able to get a general overview of what type of interest rate you will be looking at.