Sentence examples for fixed term loan from inspiring English sources

Some of these programs provide business owners, who would not normally qualify for a loan, with a low interest, fixed term loan.

"Angels can invest money for a share of the business, lenders can offer a fixed term loan and donors can simply make it happen, no strings attached, in return for a reward," says Morrow in a statement.

With a fixed, or term, loan, borrowers receive a lump sum that they pay off over a specific period at a set rate.

That means that unlike with, say, a fixed-term loan with a set monthly payment, the recommended three-year payment in the credit-card disclosure goes down as you make payments.

Chrystal once had a CD (a certificate of deposit essentially, a fixed-term loan to a bank that offers a higher rate of interest but less liquidity than a standard savings account), and maintains a custodial account for her son, from which he will not be able to withdraw until he turns 18.

DG: Our borrowers pay us 12percentt on average for a fixed-term loan, compared with the 22percenttheyey are paying on average for their credit cards.

This is a simple, fixed-term loan, and the approval is in real time, so you know how much you're borrowing, and what your payments will be each month, before you make your buying decision.

Term loan versus line of credit.

Despite ministers planning to boost the supply of long-term fixed rate loans, new data from the Council of Mortgage Lenders (CML) shows that first-time buyers and home movers still favour short-term mortgage products.

Take out a fixed rate loan if you need a single payment for the entire loan amount.

Koch concentrated on securing long term loans.