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The average commercial loans are around 5.0 However the loans are based on your credit and can go higher or lower.

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Q: What are the average commercial loan rates?
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Related questions

Who controls commerical loan rates?

There are multiple factors that affect commercial loan rates. Loan rates are controlled by predesignated amounts and changes in the economy.


Are commercial loan rates dropping or staying steady>?

Commercial loan rates are dropping as the economy starts to slowly improve. Rates will start to go up within the next year.


What are the average loan rates at the Bank of New Zealand?

The loan rates at the Bank of New Zealand range from 4.95% to 6.99%. The average loan rate is around 5.70%. Loan rates highly depend on the term of the loan.


What are commercial loan rates?

A commercial mortgage is a loan made using commercial real estate as collateral. Current rates can be as low as 2.75% APR. However, this all depends on the amount and time. Refer to a local broker for more details.


What are the average rates to refinance a used car loan?

There are several average rates to refinance a used car loan. The average rates to refinance a used car loan are 3.63%, 3.74%, and 4.61%. The rate that one is given depends on their history, type of vehicle, and location.


Where could one find more information on commercial loan rates?

People can find information on commercial loan rates through their local bank, through newspaper advertisements and through recommendations from business associates.


What is the meaning of commercial loan interest rate?

Commercial loan interest rates are a common way for small businesses to obtain start-up capital. These rates usually affect the growth rate and mannerisms of businesses.


Are commercial loan rates at it's lowest right now in the US?

No, the commerical loan rates is not the lowest right now. It was close to zero about a year ago.


How can I find up to date commercial loan rates from Bank of America?

Call their toll free number (1.800.432.1000) and ask to speak to a commercial loan representative.


What is the average rate for a mortgage loan?

The average rate for a mortgage loan would depend on the rates for the day that you are inquiring. Rates may change on a daily basis. Today's average rate is 3.25%.


What are the current commercial loan rates?

The current commercial rates are hovering between 5.4% and 8.6%. The rates one get is determined by the assets they have, the creditworthiness, liabilites owed and the success of the business and what kind of business.


What are the average interest rates on a home equity loan?

The average interest rates on a home equity loan depends on which home equity loan in particular. For example, the $30 HELOC is averaged at an interest rate of 5%.