Business Loan Interest Rates in 2026

Business loan interest rates in 2026 vary widely by loan type and borrower profile. SBA 7(a) rates: prime + 2.25–4.75% (currently 10.5–13%).

Conventional bank term loans: 7–15% for qualified borrowers. Online lenders: 10–40%+ APR.

Equipment financing: 6–20%. Business lines of credit: 8–25%. The best rates go to businesses with 3+ years of history, strong cash flow, good credit, and collateral. Always compare APR (not just interest rate) to account for fees..