Back to All News

Annual Percentage Rate (APR)

By Loan Mantra

Jul 11  ·  1 min read

The APR represents the annual cost of borrowing money, expressed as a percentage. It includes both the interest rate and any fees associated with the loan or credit.

Share this post:

Latest News

How To Navigate Rising Interest Rates cover

Inflation

How To Navigate Rising Interest Rates

Aug 21 · 5 min read

Preparing for Inflation: A Small Business Guide cover

Inflation

Preparing for Inflation: A Small Business Guide

Aug 10 · 3 min read

Ten Reasons Small Business Owners Need Artificial Intelligence (AI) cover

AI, Loan Mantra

Ten Reasons Small Business Owners Need Artificial Intelligence (AI)

Aug 1 · 8 min read

What Women-Owned Business Owners Should Know About Funding cover

Business Preparedness, Women Owned Business

What Women-Owned Business Owners Should Know About Funding

Jul 31 · 5 min read

5 Ways to Build, Scale and Ready a Business for Sale cover

Business Tips

5 Ways to Build, Scale and Ready a Business for Sale

Jul 22 · 7 min read

The Future of AI Technology for Fintech cover

AI, Fintech

The Future of AI Technology for Fintech

Jul 15 · 3 min read

See All Latest News

Ready to start growing your business?

  • Human expertise
  • Transparent technology
  • Cybersecurity
  • Efficient collaboration
  • Various loan types
  • Easy application
Apply Now Get Advice
image