What is a typical small business loan interest rate?

Tips on typical small business loan interest rates.

If you get an SBA loan it is a prime rate plus two or three-quarter percent. Now there are fees involved also. The small business loan interests do vary. Fees are up to the banks and I don't really know exactly what they charge. I know the SBA has a fee which they use as back up for bad loans. I think it is .5 or 1%.

Written by Joe Lefkowitz -
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