
Business loan prepayment penalties: What are they?
While not every business loan charges prepayment penalties, you may see them on certain SBA and commercial real estate loans.
Kristina Byas is a Milwaukee-based writer and contributor at Bankrate. Equipped with a bachelor of arts in English from the University of Wisconsin-Milwaukee and a passion for personal finance, Kristina has made it her mission to empower individuals and families to take control of their financial well-being.
Over the years, she has lent her insights and knowledge to numerous financial publications, where her articles have helped readers navigate the intricacies of building and maintaining wealth.
While not every business loan charges prepayment penalties, you may see them on certain SBA and commercial real estate loans.
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