"A term loan is one of the most popular financing options for businesses and individuals looking for structured repayment plans. Whether you need funds for expanding your business, purchasing equipment, or managing working capital, term loans provide flexible solutions tailored to your needs. In this blog, we’ll explore everything about term loans, including types, benefits, eligibility criteria, and repayment structures.
What is a Term Loan?
A term loan is a financial instrument where a borrower receives a lump sum amount from a lender and repays it over a predetermined period in fix