Best Small Business Loan Rates
The best small business loan rates go to the businesses that match a lender's sweet spot, strong revenue, solid credit, and time in business, not to whoever clicks an ad promising a low number. Rates in mid-2026 range widely: SBA loans around 9-11.5% APR, term loans from roughly 8% up past 30%, equipment financing often 7-20% because the asset backs the loan. Quordx Capital finds your best available rate by matching your profile to the 3-7 most competitive lenders from a 50+ network, free, with decisions in 24-48 hours.
Last updated · Reviewed by Cody Dreis
50+ Lenders|Funding in as little as 24 hours
What Actually Determines Your Rate?
Lenders price on risk. The lower your perceived risk, steady deposits, good credit, two-plus years in business, collateral, the lower your rate. Secured products beat unsecured ones on price, and government-backed SBA loans sit at the bottom of the range for those who qualify.
Quordx Capital submits your file to multiple lenders at once so you see the best rate each one offers and choose. Competing offers are how you confirm you're not overpaying. A few moves can nudge your rate down before you even apply: keep your deposits steady, separate business and personal accounts cleanly, and be ready to show collateral when a product allows it. And read past the headline number, a low rate paired with a short term and frequent payments can strain cash flow more than a slightly higher rate over a longer term, so compare the full structure, not just the percentage.
Which Products Offer the Best Rates?
SBA Loan: ~9-11.5% APR, the lowest available. Best for: established businesses willing to wait.
Equipment Financing: ~7-20%, kept low by collateral. Best for: financing assets affordably.
Term Loan: ~8-30%+, varies with credit. Best for: balancing competitive rate and speed.
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Written by
Cody Dreis
Founder, Quordx Capital
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Important Disclosures
Quordx Capital is a business funding broker, not a lender. We facilitate introductions between U.S. small and medium-sized businesses and lenders or capital providers in our network. All credit decisions, funding amounts, rates, fees, repayment terms, and timelines are determined solely by individual lenders based on their own underwriting criteria.
Funding figures and timelines shown on this page are illustrative and represent ranges within our lender network, they are not guarantees and individual outcomes may vary based on business profile, industry, time in business, revenue, credit history, and lender availability. Not all applicants qualify for every product.
The initial inquiry does not impact your personal credit score. Some lenders may perform a hard credit pull during underwriting; Quordx only authorizes such checks with your specific consent for the lender presenting an offer. Applicants are protected under the Equal Credit Opportunity Act (ECOA) from discrimination based on race, color, religion, national origin, sex, marital status, age, or because all or part of an applicant's income derives from any public-assistance program.
This Site is intended for commercial, business-purpose financing for U.S. businesses only. Not available for consumer loans, residential mortgages, or owner-occupied real estate. Quordx may receive compensation from lenders when applications result in funded transactions. This does not change the rate, fee, or terms offered to you. See our Advertiser Disclosure for details.
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