Term Loan
A Term Loan is a type of Business Loan that is provided by financial institutions for a specific period. The loan amount and repayment period are fixed at the time of disbursement. Term Loans are repaid at regular intervals through monthly repayment schedule. Term Loans are used to finance long-term capital investments, such as the purchase of machinery, equipment.
Tenure up to 7 years
Flexible repayment
Based on future cash flow
