What does apr mean?
Annual Percentage Rate is a standardised annual cost measure that can help compare credit, but it may not tell the whole commercial story on business finance.
The exact meaning can vary depending on the asset, lender criteria, agreement wording and business circumstances.
Related finance product
Business Loans
Working capital for growth, stock, wages, projects, cash flow gaps and operational investment.
Written by: Hart Asset Finance
Reviewed by: T & L Leasing Limited trading as Hart Asset Finance
Last reviewed: