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Business Term loan
A form of Working Capital Finance, Business Term Loans are unsecured working capital credit facilities to allow for the general day to day working cash flow and daily business operations. Loan Repayment tenor typically varies between 3 to 5 years. Financing cost at between 8% ~ 10% effective interest rate per annum. Allows for good flexibility of business usage as there are no restrictions on its usage. For more information on business loans, visit: http://www.mortgagesupermart.com.sg/resources/articles/145-commercial-loans-and-financing-101 |