What is the interest rate for a secured business loan?

The interest rate for a secured business loan can vary depending on several factors such as the lender, the loan amount, the collateral provided, the borrower's credit history, and the repayment term. Generally, secured business loans have lower interest rates compared to unsecured loans due to the lower risk to the lender. The interest rate may be fixed or variable, and it is important to carefully review the terms and conditions of the loan before agreeing to the interest rate. It is also advisable to compare the interest rates offered by different lenders to find the best deal.