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Interest Rate for Business Loan: What Affects It & How to Get the Lowest Rate?

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The interest rate for business loans depends on multiple factors such as loan amount, tenure, creditworthiness, and lender policies. Lenders evaluate credit history, business revenue, and industry risks before deciding the rate. To secure a lower rate, maintain a high credit score, opt for a shorter tenure, and provide collateral if possible. Comparing interest rates from various lend... https://flexiloans.com/business-loan/business-loan-interest-rate

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