|
Loan Tenure
|
Interest Rates (Range) %
|
|---|---|
|
1-3 Years
|
10.5-15.5
|
|
3-5 Years
|
10-14.5
|
|
5-7 Years
|
9.5-13.5
|
|
7-10 Years
|
9-13
|
A term loan is a lump sum of money borrowed from a bank or lender, repaid over a fixed period with regular installments. It is commonly used by businesses and individuals to finance large purchases, expansion projects, or operational needs. Term loans can have either fixed or variable interest rates, depending on the agreement. The repayment schedule and loan tenure are clearly defined at the time of borrowing. Available in short-term, medium-term, and long-term options, a term loan offers financial flexibility. Whether for business growth or personal investment, a term loan provides structured and reliable financing.
Choosing a term loan gives you access to immediate funds while offering the advantage of predictable repayments. With competitive interest rates and flexible repayment periods, term loans are a cost-effective way to meet business or personal financial needs. They help preserve ownership, meaning you don’t have to dilute equity to access capital. Term loans are ideal for managing cash flow, expanding operations, purchasing equipment, or funding long-term projects. If you need a reliable and structured financing option, a term loan is a smart choice to fuel your growth and secure your financial future.
At Bizfin Service, we offer flexible term loan solutions designed to support your business and financial growth. Our term loans come with competitive interest rates, clear repayment structures, and tailored tenures to suit your cash flow. We provide transparent terms, professional consultation, and fast processing to ensure a smooth borrowing experience. Whether you seek financing for expansion, asset acquisition, or working capital, our solutions are built to meet your needs. Trust us to deliver reliable funding with no hidden costs. Empower your ambitions with our trusted term loan offerings. Apply now for a seamless financial journey.
**Note: For exceeding 120 no. of payments, a group of 12 payments will be combined into a single payment number for better chart visibility.
| Period | Payment | Interest | Balance |
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The repayment amount shown using this calculator is an estimate, based on information you have provided. It is provided for illustrative purposes only and actual repayment amounts may vary. To find out actual repayment amounts, contact us. This calculation does not constitute a quote, loan approval, agreement or advice by My Finance. It does not take into account your personal or financial circumstances.
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