Interest Rates
Interest rates for business loans vary from various banks and different products. These are the indicative range of interest rates:
| Loan Type | Interest Rate (EIR) |
|---|---|
| Unsecured business term loan | Between 6.5%-13% p.a. (simple rate 3.6%-7% p.a.) |
| Trade financing line | 6.5%-8% p.a. |
| Unsecured overdraft | 10%-15% p.a. |
| Commercial /industrial property loan | 2.2%-7% p.a. |
| Equipment/machinery loan | 2%-8% p.a. |
| Factoring/receivables discounting | 7%-20% p.a. |
| Alternative financing/crowd-funding | 1%-5% per month |
We can help your business source and secure the lowest rates across 20+ banks and financial institutions. Contact us now to find out the lowest interest rates available.
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