Term Loans

What is a Term Loan and how are they used?

A term loan is a loan that provides a range of choices on its use and repayment options. These loans are usually utilised for either property loans or business loans and offer repayment options such as fixed, variable or flexible interest rates. They can also be repayed over an agreed period of time.

Commercial property options under this type of loan are extremely varied, including hotels, industrial complexes, office complexes, retail buildings and hubs, vacant land and owner occupied properties.

Business purchase opprotunities include business expansion or new development, franchise ownership and commercial trading businesses.