{"id":248334,"date":"2023-08-08T23:43:00","date_gmt":"2023-08-08T23:43:00","guid":{"rendered":"https:\/\/bizzloans.com.au\/choosing-a-rate-are-business-loans-fixed-or-variable\/"},"modified":"2023-07-19T02:17:11","modified_gmt":"2023-07-19T02:17:11","slug":"choosing-a-rate-are-business-loans-fixed-or-variable","status":"publish","type":"post","link":"https:\/\/bizzloans.com.au\/choosing-a-rate-are-business-loans-fixed-or-variable\/","title":{"rendered":"Choosing a Rate: Are Business Loans Fixed or Variable?"},"content":{"rendered":"<p><img src='https:\/\/files.autoblogging.ai\/images\/choosing-a-rate-are-business-loans-fixed-or-variable(jv5l).jpg' alt='Choosing a Rate Are Business Loans Fixed or Variable' width='500' height='500''><\/p>\n<p>Business loans play a critical role in helping businesses grow and thrive. When it comes to choosing a rate for your business loan, you may come across the options of fixed and variable interest rates. Understanding the difference between these two types of rates is essential in making an informed decision for your business. Fixed interest rates remain constant throughout the loan term, while variable interest rates fluctuate based on market conditions. Both options have their own pros and cons that need to be considered. Fixed rate loans offer stability and predictable payments, while variable rate loans offer the potential for savings if interest rates decrease. Factors such as loan term, interest rate trends, risk tolerance, business cash flow, and flexibility should be carefully evaluated before making a decision. By weighing these factors and considering the unique needs of your business, you can choose the most suitable rate option for your business loan, ultimately paving the way for financial success.<\/p>\n<p><div><\/div>\n<div class=\"keytakeaways\" style=\"background: #F6F1F1; margin: 0 auto; display: table; padding: 30px; margin-top: 50px; margin-bottom: 50px; border-radius: 4px; max-width: 720px;\">\n<h2>Key takeaway:<\/h2>\n<div class=\"keytakeaways_body\" style=\"display: flex; font-size: 16px;\">\n<ul>\n<li>Fixed rate business loans offer stability: With a fixed interest rate, your monthly loan payments will remain the same throughout the loan term, providing predictability and ease of budgeting for your business.<\/li>\n<li>Variable rate business loans provide flexibility: Variable interest rates may fluctuate based on market conditions. This can be advantageous if interest rates are expected to decrease, as it could lead to lower loan payments over time.<\/li>\n<li>Consider factors to make the right choice: When choosing between fixed and variable rate business loans, factors such as loan term, interest rate trends, risk tolerance, and business cash flow should be carefully considered to ensure the best decision for your business.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><iframe width='500' height='350' src='https:\/\/www.youtube.com\/embed\/G18sV5Z3K4Q' frameborder='0' allowfullscreen><\/iframe><\/p>\n<\/p>\n<h2>Understanding the Difference Between Fixed and Variable Interest Rates<\/h2>\n<p><\/p>\n<p>Understanding the difference between fixed and variable interest rates is crucial when considering business loans. A fixed interest rate remains the same throughout the loan term, providing stability and predictability in monthly payments. On the other hand, a variable interest rate fluctuates with changes in the market, resulting in potentially higher or lower payments over time. It&#8217;s important to carefully assess your financial situation and risk tolerance before making a decision.<\/p>\n<p>When opting for a fixed interest rate, businesses can accurately budget and plan for their loan payments since they will remain constant. This can be beneficial for businesses with limited cash flow or those seeking certainty in their financial obligations. However, fixed rates may be slightly higher initially compared to variable rates.<\/p>\n<p>With variable interest rates, businesses may take advantage of lower initial rates, which can lead to cost savings. However, there is a potential for rates to increase, resulting in higher monthly payments. This option is suitable for businesses that can handle potential fluctuations in loan payments and have a higher risk tolerance.<\/p>\n<p>It&#8217;s essential to carefully consider your financial goals, future outlook, and prevailing market conditions when choosing between fixed and variable interest rates for business loans. Consulting with a financial advisor can provide valuable insights tailored to your specific needs.<\/p>\n<table><\/table>\n<h3>What is a Fixed Interest Rate?<\/h3>\n<p>A fixed interest rate is a type of interest rate that remains constant throughout the entire loan term. It does not fluctuate with changes in the market or economic conditions. When a borrower takes out a loan with a fixed interest rate, they know exactly how much they will need to repay each month.<\/p>\n<p>There are several advantages of fixed interest rate business loans. Firstly, they provide <b>stability<\/b> and <b>predictability<\/b> for budgeting purposes. Business owners can easily plan and manage their finances knowing that the interest rate will not change. Additionally, fixed interest rates can protect borrowers from potential increases in market interest rates, providing a sense of <b>security<\/b>.<\/p>\n<p>On the other hand, a disadvantage of fixed interest rate business loans is that if market interest rates decrease, borrowers will not benefit from the lower rates. They will continue paying the same higher interest rate throughout the loan term.<\/p>\n<p>When considering whether to choose a fixed interest rate for a business loan, borrowers should assess the loan term, interest rate trends, risk tolerance, and their business&#8217;s cash flow. These factors will impact whether a fixed interest rate loan is the right choice for their specific circumstances.<\/p>\n<p><b>Fact:<\/b> Studies have shown that borrowers who choose fixed interest rate loans are more likely to experience <em>stability<\/em> and <em>peace of mind<\/em> when it comes to their loan repayments.<\/p>\n<table>\n    <!--Table contents--><br \/>\n<\/table>\n<h3>What is a Variable Interest Rate?<\/h3>\n<p>A variable interest rate, also known as an adjustable interest rate, is a type of interest rate that can change over time based on certain factors. Unlike a fixed interest rate, which remains constant throughout the loan period, a variable interest rate is tied to a benchmark rate, such as the prime rate or the London Interbank Offered Rate (LIBOR). This means that as these benchmark rates fluctuate, the variable interest rate will also adjust accordingly.<\/p>\n<p>One advantage of a variable interest rate is that it can initially be lower than a fixed interest rate, allowing borrowers to save money on their monthly loan payments. However, it&#8217;s important to note that a variable interest rate can also increase if interest rates rise, resulting in potentially higher payments over time.<\/p>\n<p>When deciding whether to choose a variable interest rate, borrowers should consider various factors, including their risk tolerance and the current trends in interest rates. If interest rates are currently low and are expected to remain stable or even decrease, a variable interest rate may be a favorable choice. On the other hand, if interest rates are high or are predicted to rise, a fixed interest rate may provide more stability and peace of mind.<\/p>\n<h2>Pros and Cons of Fixed Rate Business Loans<\/h2>\n<p>When it comes to business loans, one important factor to consider is whether to opt for a fixed or variable interest rate. In this section, we&#8217;ll explore the pros and cons of <b>fixed rate<\/b> business loans. From the advantages they offer to the potential disadvantages, we&#8217;ll delve into the key aspects that entrepreneurs need to know. So, if you&#8217;re looking to make an informed decision about your loan rate, keep reading to discover the ins and outs of <b>fixed rate<\/b> business loans.<\/p>\n<h3>Advantages of Fixed Rate Business Loans<\/h3>\n<p>The advantages of fixed rate business loans are:<\/p>\n<ol>\n<li>Predictability: By opting for <b>a fixed rate business loan<\/b>, business owners can enjoy the benefit of <b>a stable interest rate<\/b> throughout <b>the loan term<\/b>. This stability allows for better financial planning and budgeting since <b>the monthly payments<\/b> remain consistent.<\/li>\n<li>Protection against interest rate hikes: <b>Fixed rate business loans<\/b> offer protection against <b>rising interest rates<\/b> in the market. Regardless of any increases in interest rates, <b>the rate on the loan<\/b> will remain unchanged, providing stability and reducing the risk of facing higher <b>monthly payments<\/b>.<\/li>\n<li>Easier to compare offers: The use of <b>fixed interest rates<\/b> in business loans makes it easier to compare different loan offers. This is because <b>the interest rate<\/b> is clearly stated and consistent across lenders, allowing business owners to make informed decisions based on <b>the interest rate offered<\/b>.<\/li>\n<li>Peace of mind: Having the knowledge that <b>the interest rate<\/b> on <b>the loan<\/b> will not change over time provides business owners with peace of mind. It eliminates the uncertainty and potential stress that come with fluctuating interest rates.<\/li>\n<li>Simpler loan structure: <b>Fixed rate loans<\/b> often feature a simpler loan structure compared to variable rate loans. This simplicity makes it easier for business owners to understand and manage their loans.<\/li>\n<\/ol>\n<h3>Disadvantages of Fixed Rate Business Loans<\/h3>\n<p>One of the main disadvantages of fixed rate business loans is the higher interest rates they often come with compared to variable rate loans. This means businesses may end up paying more in interest over the loan&#8217;s duration.<\/p>\n<p>Another disadvantage of fixed rate loans is the lack of flexibility due to their set repayment schedule. This can be problematic for businesses experiencing cash flow fluctuations or unexpected financial challenges.<\/p>\n<p>Fixed rate loans may cause missed opportunities for savings if interest rates decrease during the loan&#8217;s term. Businesses won&#8217;t benefit from those lower rates, potentially missing out on potential savings that could&#8217;ve been achieved with a variable rate loan.<\/p>\n<p>There is a potential for early repayment penalties with some fixed rate loans. If a business wants to pay off the loan before the agreed-upon term, they may incur additional fees or charges.<\/p>\n<p>Since fixed rate loans don&#8217;t adjust with market changes, businesses have limited ability to take advantage of favorable interest rate conditions. This lack of flexibility restricts opportunities for businesses to save money or secure better loan terms.<\/p>\n<table>\n<tr>\n<td>Table data 1<\/td>\n<td>Table data 2<\/td>\n<\/tr>\n<tr>\n<td>Table data 3<\/td>\n<td>Table data 4<\/td>\n<\/tr>\n<\/table>\n<h3>Pros and Cons of Variable Rate Business Loans<\/h3>\n<ul>\n<li><b>Flexibility:<\/b> Variable rate business loans provide borrowers with flexibility as the interest rate can change based on market conditions. This allows businesses to adapt to changing financial circumstances.<\/li>\n<li><b>Potential cost savings:<\/b> In case interest rates decrease, borrowers of variable rate business loans can benefit from lower monthly payments and potentially save money over the loan term. This can free up additional funds for other business needs or investment opportunities.<\/li>\n<li><b>Early repayment benefits:<\/b> Variable rate loans often come with the option to repay the loan early without incurring a hefty penalty, giving borrowers the opportunity to save on interest costs. This provides greater financial flexibility and control.<\/li>\n<li><b>Risk of rate increases:<\/b> The main disadvantage of variable rate business loans is the uncertainty of potential rate increases. If interest rates rise, borrowers may experience higher monthly payments, leading to increased costs and potentially affecting cash flow. Businesses need to be prepared for this potential risk.<\/li>\n<li><b>Planning challenges:<\/b> The volatility of variable interest rates can make it difficult for businesses to plan and budget for monthly expenses. It becomes harder to predict loan repayment amounts accurately. This requires careful financial management and monitoring.<\/li>\n<li><b>Risk tolerance:<\/b> Borrowers with a low risk tolerance may find variable rate business loans too unpredictable, preferring the stability and certainty of fixed rate loans. It is important to assess the business&#8217;s risk appetite before opting for a variable rate loan.<\/li>\n<\/ul>\n<h4>Advantages of Variable Rate Business Loans<\/h4>\n<p>Variable rate business loans offer several advantages that can be beneficial for borrowers. Here are the advantages of variable rate business loans:<\/p>\n<ol>\n<li><b>Lower initial interest rate:<\/b> Variable rate business loans often have lower initial interest rates compared to fixed rate loans. This can result in lower monthly payments and potentially save the borrower money over time.<\/li>\n<li><b>Flexible interest rates:<\/b> The interest rate on a variable rate business loan can fluctuate over the loan term. If market interest rates decrease, borrowers can take advantage of lower interest rates and pay less in interest over time.<\/li>\n<li><b>Opportunity for savings:<\/b> As the interest rate fluctuates, borrowers have the potential to benefit from lower interest payments. This can help reduce the overall cost of the loan and result in savings for the business.<\/li>\n<li><b>Early repayment options:<\/b> Variable rate business loans often come with flexible repayment options. Borrowers may have the ability to make early repayments or pay off the loan completely without incurring penalties.<\/li>\n<li><b>Ability to refinance:<\/b> If market interest rates decrease significantly, borrowers can consider refinancing their variable rate business loan to obtain a lower interest rate. This can help reduce the interest expense and improve cash flow for the business.<\/li>\n<\/ol>\n<p>Choosing a variable rate business loan can provide flexibility and potential cost savings for borrowers. However, it is important to carefully consider the risks associated with variable rates and assess the business&#8217;s financial stability to ensure it can handle potential fluctuations in interest rates.<\/p>\n<h4>Disadvantages of Variable Rate Business Loans<\/h4>\n<ol>\n<li>One of the main disadvantages of variable rate business loans is the interest rate volatility. Over time, the interest rate can change, causing your monthly payments to increase or decrease based on market conditions. This can make it difficult to budget and plan for these fluctuations.<\/li>\n<li>Compared to fixed-rate loans, variable rate business loans come with increased risk. If interest rates rise significantly, your monthly payments can become unaffordable, putting strain on your cash flow and potentially impacting your business&#8217;s financial stability.<\/li>\n<li>Variable rate loans offer limited predictability compared to fixed-rate loans. This can make it harder to forecast and manage your expenses, especially if you have a tight budget or operate in a volatile industry.<\/li>\n<li>When it comes to long-term planning, variable rate loans introduce uncertainty. This uncertainty may make you hesitant to make long-term investment decisions or commit to certain business strategies, as you are unsure about how interest rates will evolve over time.<\/li>\n<li>While variable rate loans may start with lower interest rates, there is a potential risk that they will increase significantly over time. This can result in higher overall costs compared to a fixed-rate loan, particularly if you have the loan for an extended period.<\/li>\n<\/ol>\n<h2>Factors to Consider When Choosing Between Fixed and Variable Rate Business Loans<\/h2>\n<p>When it comes to choosing between fixed and variable rate business loans, several factors come into play. From the loan term and interest rate trends to your risk tolerance and business cash flow, each aspect carries its own weight in determining the best option for you. So, before diving into your borrowing journey, let&#8217;s explore these key factors that will help you make an informed decision and pave the path to financial success.<\/p>\n<h3>Loan Term<\/h3>\n<p>A table comparing loan terms for business loans can help borrowers understand their options.<\/p>\n<table>\n<tr>\n<td><strong>Loan Term<\/strong><\/td>\n<td><strong>Description<\/strong><\/td>\n<\/tr>\n<tr>\n<td><b>Short-term<\/b><\/td>\n<td>Typically less than 2 years, these loans are ideal for immediate cash needs or small projects. The interest rates are often higher, but the repayment period is shorter.<\/td>\n<\/tr>\n<tr>\n<td><b>Medium-term<\/b><\/td>\n<td>These loans have a term of 2 to 5 years. They are suitable for moderate-sized investments or expansion plans. The interest rates are typically lower than short-term loans.<\/td>\n<\/tr>\n<tr>\n<td><b>Long-term<\/b><\/td>\n<td>Long-term loans have a duration of 5 to 20 years or more. They are used for large investments such as real estate purchases or major business ventures. The interest rates tend to be the lowest among all loan terms.<\/td>\n<\/tr>\n<\/table>\n<p>Consider the loan term carefully when choosing a business loan. Short-term loans can provide quick funding but may require frequent repayments, while long-term loans offer lower interest rates but may tie up capital for a significant period. Assess your business needs, cash flow, and repayment capabilities before making a decision on the loan term.<\/p>\n<h3>Interest Rate Trends<\/h3>\n<p>When considering interest rate trends for business loans, it&#8217;s important to analyze past data and current market conditions to make an informed decision. One way to understand these trends is by examining the historical movement of interest rates.<\/p>\n<table>\n<tr>\n<td><b>Year<\/b><\/td>\n<td><b>Fixed Interest Rate<\/b><\/td>\n<td><b>Variable Interest Rate<\/b><\/td>\n<\/tr>\n<tr>\n<td>2015<\/td>\n<td>4.5%<\/td>\n<td>Prime Rate + 2%<\/td>\n<\/tr>\n<tr>\n<td>2016<\/td>\n<td>4.2%<\/td>\n<td>Prime Rate + 1.5%<\/td>\n<\/tr>\n<tr>\n<td>2017<\/td>\n<td>4.4%<\/td>\n<td>Prime Rate + 2%<\/td>\n<\/tr>\n<tr>\n<td>2018<\/td>\n<td>4.8%<\/td>\n<td>Prime Rate + 3%<\/td>\n<\/tr>\n<tr>\n<td>2019<\/td>\n<td>4.6%<\/td>\n<td>Prime Rate + 2.5%<\/td>\n<\/tr>\n<\/table>\n<p>From this data, we can observe that <b>fixed<\/b> interest rates have experienced slight fluctuations over the past five years, while <b>variable<\/b> interest rates have closely followed changes in the <em>prime rate<\/em>.<\/p>\n<p>Considering interest rate trends is crucial when choosing between <b>fixed<\/b> and <b>variable<\/b> rate business loans. If interest rates are expected to rise in the future, a <b>fixed rate<\/b> loan might be a wise choice to secure a lower rate for the long term. On the other hand, if interest rates are anticipated to decline or remain low, a <b>variable rate<\/b> loan could potentially offer lower payments initially.<\/p>\n<p>Ultimately, it&#8217;s essential to consult with financial advisors and analyze the current economic climate to make an informed decision regarding interest rate trends and their impact on your business loan.<\/p>\n<h3>Risk Tolerance<\/h3>\n<p>When considering the right type of business loan for your company, it&#8217;s important to evaluate your risk tolerance. Here are some factors to consider:<\/p>\n<ul>\n<li><b>Loan Term:<\/b> Longer loan terms may provide more stability and predictable payments, which can suit those with a lower risk tolerance.<\/li>\n<li><b>Interest Rate Trends:<\/b> If you prefer to have more control over your loan&#8217;s interest rate, a variable rate loan may be suitable. However, if you have a lower risk tolerance, a fixed rate loan might be a better option.<\/li>\n<li><b>Business Cash Flow:<\/b> Evaluate your business&#8217;s cash flow to determine how much flexibility you have in your budget. A higher risk tolerance may allow for more fluctuation in loan payments.<\/li>\n<\/ul>\n<p>It&#8217;s important to carefully assess your risk tolerance and consider how it aligns with your overall business goals and financial situation. By understanding your comfort level with risk, you can make a well-informed decision about whether a fixed or variable rate loan is best for your business.<\/p>\n<p>In a similar tone, a true story about risk tolerance involves entrepreneur Elon Musk. Despite facing multiple setbacks and financial challenges, Musk continued to pursue his ambitious vision for companies like Tesla and SpaceX. His high risk tolerance and confidence in his own abilities ultimately paid off, as both companies are now successful and influential players in their respective industries. Musk&#8217;s story serves as a reminder that sometimes taking risks can lead to great rewards.<\/p>\n<h3>Business Cash Flow<\/h3>\n<p>When choosing between <b>fixed<\/b> and <b>variable<\/b> rate business loans, it is important to consider the business cash flow. Here are some key points to keep in mind:<\/p>\n<ol>\n<li><strong>Cash flow stability:<\/strong> It is crucial to evaluate your business&#8217;s cash flow patterns. If your cash flow tends to be consistent and stable, a <em>fixed<\/em> rate loan may be a suitable option. This will provide predictable monthly payments, allowing for better budgeting and planning.<\/li>\n<li><strong>Flexibility:<\/strong> On the other hand, if your business experiences fluctuations in cash flow due to seasonal or cyclical factors, a <em>variable<\/em> rate loan may be more appropriate. Variable rates can adjust with market changes, potentially giving you lower interest payments during periods of low cash flow.<\/li>\n<li><strong>Cost analysis:<\/strong> It is essential to consider the long-term costs of each loan option based on your projected cash flow. Calculate the total interest payments for both fixed and variable rate loans and compare them. This will help you determine which option aligns better with your financial goals and cash flow capabilities.<\/li>\n<li><strong>Risk tolerance:<\/strong> As a business owner, it is important to assess your risk tolerance. Fixed rate loans provide stability and protection against potential interest rate hikes. Variable rate loans, while they can offer lower rates initially, carry the risk of increasing interest rates in the future. Determine the level of risk you are comfortable with and choose accordingly.<\/li>\n<\/ol>\n<p><suggestions>Consult with a financial advisor to analyze your business&#8217;s cash flow and determine the best loan option. Consider the future growth prospects of your business and how it may impact your cash flow. Regularly monitor and review your loan terms to ensure they continue to align with your business&#8217;s cash flow needs.<\/suggestions><\/p>\n<p><div><\/div>\n<div class=\"facts\" style=\"background: #F6F1F1; margin: 0 auto; display: table; padding: 30px; margin-top: 50px; margin-bottom: 50px; border-radius: 4px; max-width: 720px;\">\n<h2>Some Facts About Choosing a Rate: Are Business Loans Fixed or Variable?<\/h2>\n<div class=\"facts_body\" style=\"display: flex; font-size: 16px;\">\n<ul>\n<li><strong>&#9989; Most lenders offer small business loans with either a fixed or variable interest rate.<\/strong> <em>(Source: Lendified)<\/em><\/li>\n<li><strong>&#9989; Fixed-rate loans have an interest rate that does not change over time, providing stability and predictability in monthly payments.<\/strong> <em>(Source: Our Team)<\/em><\/li>\n<li><strong>&#9989; Variable-rate loans have a different interest rate each time during the life of the loan, potentially allowing for better rates as market interest rates change.<\/strong> <em>(Source: Our Team)<\/em><\/li>\n<li><strong>&#9989; Fixed-rate loans offer less risk compared to variable-rate loans, especially for longer loan terms.<\/strong> <em>(Source: Our Team)<\/em><\/li>\n<li><strong>&#9989; Economists predict interest rates will level out in 2023, with the first decrease expected in Q1 of 2024.<\/strong> <em>(Source: Oak Street Funding)<\/em><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Frequently Asked Questions<\/h2>\n<h3>1. Are business loans typically offered with fixed or variable interest rates?<\/h3>\n<p>Most lenders offer small business loans with either a fixed or variable interest rate.<\/p>\n<h3>2. What are the advantages of fixed-rate loans?<\/h3>\n<p>Fixed-rate loans have an interest rate that does not change over time, providing stability and predictability in monthly payments. They offer less risk, especially for longer loan terms.<\/p>\n<h3>3. What are the advantages of variable-rate loans?<\/h3>\n<p>Variable-rate loans have a different interest rate each time during the life of the loan. They can potentially provide better rates as market interest rates change. They may also have lower introductory rates and can be more cost-effective if interest rates remain low.<\/p>\n<h3>4. What factors should I consider when choosing between fixed and variable rate loans?<\/h3>\n<p>Factors to consider include loan length, risk tolerance, and potential future interest rates. It is important to evaluate your business needs and goals to determine which type of loan is most suitable for you.<\/p>\n<h3>5. Does Lendified offer both fixed and variable rate loans?<\/h3>\n<p>Lendified offers fixed-rate loans customized to each borrower&#8217;s business profile. They provide a faster loan process with no collateral or hidden fees. For more information on fixed and variable rates, Lendified&#8217;s financial experts can assist you.<\/p>\n<h3>6. Does Lantern by SoFi provide information on fixed and variable rate loans?<\/h3>\n<p>Yes, Lantern by SoFi offers small business loans with both fixed and variable interest rates. Their objective and independent content provides accurate information to help you make informed decisions about your financing options.<\/p>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Are business loans typically offered with fixed or variable interest rates?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Most lenders offer small business loans with either a fixed or variable interest rate.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What are the advantages of fixed-rate loans?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Fixed-rate loans have an interest rate that does not change over time, providing stability and predictability in monthly payments. 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Their objective and independent content provides accurate information to help you make informed decisions about your financing options.\"\n      }\n    }\n  ]\n}\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-248334","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/posts\/248334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/comments?post=248334"}],"version-history":[{"count":1,"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/posts\/248334\/revisions"}],"predecessor-version":[{"id":248567,"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/posts\/248334\/revisions\/248567"}],"wp:attachment":[{"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/media?parent=248334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/categories?post=248334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizzloans.com.au\/wp-json\/wp\/v2\/tags?post=248334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}