Get a term loan to help achieve your long-term business goals. To make repayments suitable for your business’ needs, monthly instalments are matched to cash flow & can be structured for up to 5 years.
What is it
We offer Business Term loans to support your businesses in achieving its long-term financial goals. To make repayments suitable for your business’ needs, monthly instalments are matched to your business’ cash flow and can be structured for up to 5 years.
What does it offer me
- A Business Term loan can be used to buy or upgrade fixed property, finance fixed assets and capital expenditure
- Repayments can be tailored to suit your business’ cash flow projections.
- Competitive interest rates may be variable or fixed for the term of the loan
- A term loan may not be used to consolidate debt or as a substitute for vehicle and asset finance.
- Repayment ability is based on past profitability and/or cash flow projections. Subject to first-class collateral (tangible, easily realisable security) which we can fall back on as an alternative source of repayment.
- The loan period is from 1– 60 months.
What do I need to apply?
- What documentation will the customer need?
- Ensure this is listed in point form.