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But the repayment terms are more generous.
The repayment terms remain the subject of intense debate.
CACs may facilitate the restructuring of repayment terms in the event of financial distress.
Once the loan is bought, the principal would be cut and the repayment terms eased.
The E.C.B. feared that any change in repayment terms might be seen as a Greek default.
They offer relatively lenient repayment terms and interest rates that do little more than cover costs.
When local currencies collapsed, the repayment terms of these loans rapidly became prohibitive.
There is also some talk that the repayment terms might be relaxed on last year's credit.
It also has undemanding repayment terms based on earnings rather than the amount owed.
Private loans have specific repayment terms set by the financial institution.
Private lenders will vary on interest rate, how much can be borrowed, and repayment terms.
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