Fully Drawn Advances/Term Loan May 19, 2016
Standard business/commercial loans with a loan term ranging from 1 year to 30 years.
A 15 year term is common within business/commercial lending whereas 20 to 30 year is the exception. The term of the loan can be based upon:
- The term of the lease you have on your commercial premises
- The term of your franchise arrangement
Interest only terms are available and can range from 1-5 years.
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