Getting the best deal starts with understanding the variables. A business loan interest rate is influenced by credit score, business performance, tenure, and loan type. Positioned in the middle of your financial planning, this rate determines your monthly EMIs and long-term financial burden. Lower business loan interest rates mean more manageable repayments and better profitability. It's crucial to compare offers, understand fixed vs. floating rates, and negotiate terms. Even a small change in interest can have a big impact on your overall repayment.

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