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Right for you if:
You are planning to purchase major fixed assets
A Term Loan can help when you are planning to purchase major fixed assets.
Based on your short- or long-term business goals, you can choose either a fixed- or variable-rate loan.
Key benefits of the Term Loan for business:
- Flexible payment options and terms that let you to match your loan to your cash flow
- Competitive fixed or variable interest rates
- Flexible repayment periods of up to 15 years
- Options to make partial or full pre-payments at any time