India, Feb. 20 -- Understanding rate of interest on a business loan is essential. It significantly affects the financial health of your venture. The rate represents the cost of borrowing funds for your business. Depending on the loan type and lender, it can vary considerably. This rate determines your monthly repayment amounts, affecting your cash flow and long-term planning. Before applying for a business loan, it is crucial to understand the factors influencing the interest rate and its impact. In this blog, we will explore the types of business loans and factors determining business loan interest rates.

Business loan interest rates can vary considering several factors. There are two primary types of business loan interest rates and th...