What are the repayment terms for a business loan?
February 27, 2024What’s the difference between a business loan and a business line of credit?
February 27, 2024Yes and no, generally there is 3 month minimum interest payable. However, each loan facility is different and can be higher or lower depending on the facility and lender. However, there are some line of credit facilities where you can access funds and repay the balance almost immediately without penalty or a fixed minimum interest amount payable.