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 Personal Loan Interest Rates by Lender. Interest rates on personal loans vary between 2% to 36% based on the lender. Banks and credit unions will offer competitive rates, but some of the lowest rates you can find are from online lenders that focus on creditworthy borrowers.