Single Repayment Loans/ Term Loans

Single Repayment (SR) and Term loans are designed for customers who require working capital funds for a short period of time from 1 month to 12 months.

For example, working capital for a specific project upon whose completion the customer has the funds to pay the loan out in full. In this case the customer then services the debt over the period of the loan facility, i.e. pays interest at the agreed rate every month until such a time as the loan principal is paid in full.

Benefits

• Enables our client to set realistic budgets.
• Provides flexibility in the repayment method where the loan principal amount can be repaid in bullet partial repayments even over the term of the loan