|Term Loan Finance
Bank term loans are very a common kind of lending . An unfixed interest rate is usually involved in a term loan that will add additional balance to be repaid. Term loans are generally provided as working capital for acquiring income producing assets (machinery, equipment, inventory) that generate the cash flows for repayment of the loan. The repayment of the loans and facilities is normally fixed on case to case basis depending on projected cash flow of the borrower.