Yes, many business loans allow for early repayment, but it’s important to check the terms of your loan agreement. Some lenders may charge prepayment penalties to make up for the interest they would lose on early repayment. If you're considering paying off your loan ahead of schedule, weigh the benefits of avoiding future interest payments against any penalties the lender may impose. Some lenders also offer flexible repayment terms that encourage early payment without penalties, so it's always worth asking.