How Can I Get a Business Loan at a Lower Interest Rate?

Amairasharma13 Dec, 2022Finance

Lenders rely on the borrower company's financial statements to assess its creditworthiness. Businesses who aim to enhance their overall financials and have a bigger annual turnover will get the lower interest rates. In order to raise your company's credit score and raise your chances of receiving a business loan with the lowest interest rate, you should pay off existing debts, reduce your credit usage ratio, and make on-time EMIs payments.