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Term Financing
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A term loan gives you quick access to cash for fixed assets such as new or used equipment and commercial vehicles, land, buildings, renovations or modernization of equipment or premises. Its an option worth exploring even if you simply want to take another look at refinancing existing debt. Well-placed capital can make a big difference to your ability to stay competitive.
A term loan provides:
- Flexible repayment terms that accommodate your cash flow
- A monthly fixed principal repayment amount to help you manage your debt load
- Competitive fixed or floating interest rates
- Optional life insurance
No matter what your long-term plans and goals are, Scotiabank has a financing solution to meet your needs.
Contact your Relationship Manager for more details.
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