We live in a city that has many nicknames and let's face it, with everything that happens here, it's pretty easy to come up with new nicknames.
We found that interest rates for small business loans from banks generally range between 6 and 13 percent, depending on the size of the loan and the risk factor of your business. No matter the size of your business, thereâs always interest rates on loans. This is so the bank earn a profit and cover their overhead.
Average Commercial Real Estate Loan Rates by Loan Type. Depending on the type of loan you choose, interest rates will vary from 3.5% to upwards of 30%. Government-backed loans, such as SBA or USDA loans, and conventional commercial mortgages will typically offer the most competitive interest rates.