A Business Loan1 can help you purchase or upgrade business assets, or help with your expansion plans. The choice is yours.
Secured or unsecured options
- Available as an unsecured loan2 in amounts from $10,000 to $50,000
- Also available as an asset secured loan in amounts from $10,000 to $1,250,000. Flexible security options3 include:
- Business real estate
- Residential real estate (full or partial)
- Liquid or margin security (full or partial)
- Business assets
Flexible payment options
- Choice of 1 to 5 year fixed-rate terms
- Amortization up to 20 years, based upon the useful life of the asset financed
Fixed or floating interest rates available
- Floating interest rate options based on TD Prime Rate with no prepayment penalties.
- Fixed interest rate options available with the flexibility to make 10% principal prepayments annually without penalty.
- No review fees.
- Set-up fees may apply.
Protection for your Business Loan›
Business Credit Life Insurance can help meet the financial obligations of your business should a person who is key to the success of your business die or suffer a covered accident. Get the coverage your business needs.
Multi-unit property mortgages›
We can help you build a customized mortgage for multi-unit residential properties (5+ units).
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Source: http://docphy.com/business-industry/business/flexible-business-loan-payment-options.html
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