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What are typical commercial loan rates?

What are typical commercial loan rates?

Rates vary significantly based on borrower and business credit scores, industry, balance sheets and more. Still, commercial loan rates tend to range between 2.75 and 8 percent over “prime.” If prime rate is 4%, then borrowers with the best scores and profile and a 7a SBA loan can get a business property loan for 6.75%. Other borrowers who don’t qualify for SBA loans can pay 12 percent or more.

 

 

 


First Financial

First Financial ® Corporate Headquarters 2850 Womble Road Suite 100-604 San Diego, CA 92106

Client Service Center: Main: 1-800-315-7791 Fax: 1-800-215-0217 (Monday–Friday 5:00am–6:00pm Pacific or 8:00am–9:00pm Eastern)

Merchant Services / High Risk Merchant Accounts: 1-800-950-0212 Fax: 1-800-215-0217

 

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