Business credit interest rate, percent in the United Kingdom, May, 2020
For that indicator, we provide data for the United Kingdom from January 2004 to May 2020. The average value for the United Kingdom during that period was 3.79 percent with a minimum of 1.05 percent in May 2020 and a maximum of 7.67 percent in August 2007.
Click on the following link to see the values of Business credit interest rate, percent
around the world.
* indicates monthly or quarterly data series
Source: Bank of England
Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.