Business Banking

 

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Term Loan

Term Loan

A Term Loan allows you to invest larger amounts in your business whilst controlling the effect on your cash flow. Loans can be tailored to your business cycle. Loans are taken out for a fixed term of between 1 year and 10 years.

  • Flexible - you decide what the loan is used for.
  • Can be structured to meet your business needs.
  • Allows you to invest capital in your business
  • There is no minimum or maximum borrowing limit.
  • Loan repayment is normally on a monthly basis, but other repayment frequencies can be arranged.
  • A capital repayment holiday may apply to meet your particular cash flows needs.