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Standard Loan Rate  · Annual percentage rate (APR) is a measure that attempts to calculate what percentage of the principal you’ll pay per period (in this case a year), taking every charge from monthly payments over.Current Business Loans Interest Rates Business Loans Interest Rate | Westpac – At the end of the fixed rate period, your loan will automatically change to a variable rate loan and the interest rate will automatically change to a variable base rate plus any margins current at the time; A margin may apply depending on the type of security provided

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Business Loans Interest Rates An interest rate a percentage of your loan balance that a lender charges on a regular basis. Most business loans come with an annual interest rate (AIR), which means that that percentage applies to the loan balance over a year. However, some short-term loans come with a monthly percentage rate that applies to the balance once a month.

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