Will the IRS accept its AFR for a business loan?

[Critter-3]

https://www.thebalancemoney.com/what-is-the-applicable-federal-rate-afr-5199170#:~:text=The%20AFR%20....

[Reetz0]

Thank you but the article does not address business loans specifically. 

[Critter-3]

@Anonymous_ ?

[Anonymous_ · Accepted solution]

What about business loans? The AFR governs private loans and dictates the lowest acceptable interest rate charged thereon for the purposes of tax reporting.