People always ask me… “Joe, what are the average business loan interest rates in 2024?”
It’s a complicated question that doesn’t always have an easy answer. In short, the interest rate you receive on your financing will depend on a number of factors, including the financial background of your business, the lender you’re working with, and the market conditions surrounding your transaction, among many others.
The interest rate trend throughout 2023 was wild. We have a long road ahead of us, but I think there’s some light at the end of this tunnel. Continue watching for everything you need to know about small business interest rates in 2024!
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Disclaimer: The information and insights in this video are provided for informational purposes only, and do not constitute financial, legal, tax, business, or personal advice from National Business Capital and the speakers. Do not rely on this information as advice, and please consult with your financial advisor, accountant, and/or attorney before making any decisions. If you rely solely on this information, it is at your own risk. The information is true and accurate to the best of our knowledge, but there may be errors, omissions, or mistakes.
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