- Top lenders for small business loans in 2024
- Current rates for small business loans
Top lenders for small business loans in 2024
In 2024, the best small business loan lenders include traditional banks like Wells Fargo and Chase, as well as online lenders such as Funding Circle and BlueVine. These lenders offer competitive rates and flexible terms to meet the diverse needs of small businesses.
Current rates for small business loans
The current rates for small business loans vary depending on the lender, the creditworthiness of the borrower, and the type of loan. As of 2024, interest rates for small business loans range from 4% to 6% for traditional bank loans, and 7% to 30% for online lenders. It's important for small business owners to shop around and compare rates to find the best loan for their specific financial situation.