There is a lot in the news right now about high interest rates and unaffordability. But the rates aren’t the main problem.

Average business loan rates start at 6.70% for banks, but might be higher or lower, based on the type of loan and lender. Factor rates express the cost of borrowing as a percentage of the loan, rather ...

Average business loan rates range from 7.31% APR to 99% APR, based on the type of loan and lender. Factor rates are determined by the week or month, rather than expressed as an annual percentage rate.