WHAT IS BANK TERM LOANS
Bank term loans are issued by a bank and have long-term repayment plans – typically extending beyond one year. These loans normally come with fixed interest rates, and they allow banks to distribute funds in a way similar to lines of credit. Business owners can use bank term loans to draw funds as needed and must pay a fixed amount based on the remaining balance
GBFS helps you fine the perfect loan with ease, all with one simple application
The Best Bank Term Loan Offer for You
When the time comes to finally choose the small business loan that’s right for you, it’s crucial to ask yourself and your partners these questions:
Can I payback this loan?
Am I comfortable with this payment?
Am I comfortable whether it's daily, weekly, or monthly?
Is this the best rate I can find?
Am I aware of all the fees associated with my loan?
If you’ve answered yes to these questions, then congratulations! You’re ready to accept your small business loan and start growing your company.