A term loan is an arrangement between a borrower and lender, where the lender provides cash upfront and it is paid back through a series of smaller amounts, over a period of time. As an incentive for the lender, the borrower pays a percentage of interest. This money can be used for expansion, marketing, technology expenses, capex etc. This way, the company can raise capital without giving up on equity.
Flexible repayment schedule for our clients to choose from for their business