Business Credit Interest Rate

North America Ranking

percentSource: IMF
Current Rank
Country
Value
Latest Reading
Previous Rank
Previous Value
1El Salvador9.699-202318.73
2United States8.59-202328.25
3Canada6.026-202335.85

Definition of Business Credit Interest Rate

The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.

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