The Prime rate is currently 4.75 today, and banks generally have rates of Prime +1.50 to Prime +3.50 (that equals rates of 7.00 percent to 9.00 percent) on commercial real estate loans. If you’ve been in business for over 3 years, plan on occupying at least 51% of the building, and have a credit score above 675, you may qualify for an SBA 7(a) loan with SmartBiz . The average interest rate on a conventional small-business loan is around 4% to 6%. That said, interest rates will vary across lenders, with banks typically offering lower rates than alternative or online lenders. Loan amounts must be a minimum of $250,000 and no more than $2,500,000 to qualify. Excludes Practice Solutions non-commercial real estate loans, Practice Solutions commercial real estate refinances of existing Practice Solutions loans, certain franchise lending program loans, Business Advantage products,