What is a business loan interest rate
Current SBA 7(a) Loan Interest Rates and Explanation. The Small Business Administration (SBA) sets the maximum interest rates that banks can charge on SBA 7(a) loans.The current maximum interest rate ranges from 7.25% to 9.75%, depending on the size of the loan and the amount being borrowed. Take the business loan and interest rate calculator for a test drive today. Get answers with Bankrate.com Particularly with small business loans, interest rates should be reasonable to help the