Business Loan Interest Rates Updated

Are you looking for the latest business loan interest rates? You’ve come to the right place! At, we provide up-to-date information on business loan interest rates to help you make informed decisions for your business financing needs. Whether you’re a small business owner, entrepreneur, or a financial professional, our website is your one-stop destination for all things related to business loan interest rates.

Current Business Loan Interest Rates

Business Loan Interest Rates Today

As of October 18, 2023

  • Prime Rate: 4.25%
  • SBA 7(a) Loan: 6.00%
  • Equipment Financing: 5.75%
  • Commercial Real Estate Loan: 4.50%
  • Business Line of Credit: 7.25%

Please note that these rates are subject to change and may vary depending on the lender and your creditworthiness. Contact your preferred financial institution for the most accurate and personalized rates.

Government Business Loan Interest Rates

The government offers various loan programs to support businesses. Here are the latest government-backed business loan interest rates:

  • SBA 7(a) Loan: The Small Business Administration (SBA) offers loans with competitive rates to help small businesses start, grow, and expand. As of October 18, 2023, the SBA 7(a) Loan rate is 6.00%.
  • CDC/504 Loan: This SBA program is designed for small businesses looking to purchase real estate or equipment. The CDC/504 Loan rate as of October 18, 2023, is 5.30%.
  • USDA Business Loans: The U.S. Department of Agriculture (USDA) provides loans to rural businesses. Interest rates can vary but tend to be competitive.
  • Export-Import Bank (Ex-Im) Loans: If your business is involved in international trade, the Ex-Im Bank offers competitive financing options.

Business Loan Interest Rates Calculator

Use our Business Loan Interest Rates Calculator to estimate your monthly payments and overall loan costs. This tool will help you make informed decisions about your business financing options. Simply input your loan amount, interest rate, and loan term, and the calculator will provide you with an estimate of your monthly payments.

Average Business Loan Interest Rates

The average business loan interest rates can vary widely depending on the type of loan, your creditworthiness, and the lender. However, as of recent data, the average business loan interest rates fall within the following ranges:

  • Short-Term Business Loans: 8% to 25%
  • Medium-Term Business Loans: 6% to 15%
  • Long-Term Business Loans: 4% to 9%
  • SBA Loans: 5% to 10%

Keep in mind that these are approximate averages, and the rates can be higher or lower based on individual circumstances.

Stay Informed with

At, we are committed to keeping you informed about the latest business loan interest rates, financial news, and tips to help you make the best decisions for your business. Be sure to bookmark our website and check back regularly for the most up-to-date information on business loan interest rates in 2023 and beyond.

Disclaimer: The information provided on this website is for informational purposes only and should not be considered financial advice. Rates mentioned are approximate and subject to change. Please consult with a qualified financial advisor or your preferred lender for personalized financial guidance.

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