 TITLE: What Is the Average Interest Rate on a Business Loan? CONTENT: Average Interest Rates by Business Loan Type\n--------------------------------------------\nKnowing the average interest rates on different types of business loans can help you determine if you're getting a good deal.\nHere are several average interest rate ranges for popular types of business financing, and the potential rate range for the Small Business Loan (SBA) 7(a) loan program. The ranges come from Nav's research:\n*   **Traditional bank loans**: 2% to 13%\n*   **Online business loans and financing**: 7% to 100%\n*   **SBA 7(a) loans**: 5.5% to 11.25%\n*   **Invoice financing**: 13% to 60%\nThe interest rates don't include fees that creditors may charge, such as an origination fee on the amount you borrow or an annual fee on a business credit card. END