Business Term Loans
Term loans provide financing for working capital or the acquisition of business assets such as machinery, equipment, furniture, fixtures and to make leasehold improvements. They are also commonly used for additions to long term working capital, expansion or modernization of facilities or vehicles used for business transportation.
The source of repayment is often generated by the enhanced cash flow from these assets. Term loans may be secured by plant and equipment, receivables, inventories, investments or government guarantees.
Features and Benefits
- Fixed and variable rate loans available
- Flexible repayment options to match your cash flow
- Flexible terms up to 5-years
