What are the interest rates applicable for Working Capital Loans?

Interest rates on Working Capital Loans typically range from 12% to 18% per annum, influenced by several factors:

• Credit Score: Higher scores may secure better rates.
• Loan Amount: Larger loans may have different rates.
• Collateral: Secured loans usually attract lower interest rates

Before committing, it’s wise to compare rates from multiple financial institutions to find the best option for your business.