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20/01/2021 · Business loan type: Average interest rates: Traditional bank loans and lines of credit: 3% to 7%: SBA 7(a) loans: to Online loans: 11% to 44%: Merchant cash advances: 20% to 250%: Invoice factoring: 13% to 60%28/05/2021 · Interest rates from to 650 to 675: OnDeck: 3to 24 months: $5,000 to $250,000: As low as APR: 600: Funding Circle: 3 to 120 months: $5,000 to $500,000: to APR: 660: SBG Funding: 6 to 24 months: $5,000 to $150,000: Simple interest rates of to , monthly rates from to 600: Credibly: 6 to 18 months: Up to $400,00011/02/2020 · Average Small-Business Loan Interest Rates. Different types of loans charge different ranges of interest. Here are typical ranges for the most common types of small-business loans, using data pulled directly from lenders in a 2019 report from ValuePenguin, a division of LendingTree. Type of Loan and Typical APR Range. Bank loans: simply, using a simple interest rate, if you borrow $1,000 (th

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