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Term Loan
Loan Range: $300,000 to $25 million plus |
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| If your business needs funds for an
extended period of time to purchase equipment, finance acquisitions or
expand current facilities, Inter Terra offers a variety of term loans
from fixed- and adjustable-rate financing to the innovative Reducing Revolver Loan.
Fixed-rate loans feature:
- Loans from $300,000 to $25 million plus.
- Competitive rates.
- Fixed interest rate for the life of the loan.
- Terms ranging from three to 10 years.
- Amortizations up to 20 years.
- Same payments over the entire lifetime of the loan.
- Collateral options:
- First lien on equipment
- Securities-based financing
Adjustable-rate loans feature:
- Loans from $300,000 to $25 million plus.
- Competitive rates.
- Lower short-term interest rates, adjusting periodically as rates
shift.
- Terms ranging from three to 10 years.
- Amortizations up to 20 years.
- Collateral options:
- First lien on equipment
- Securities-based financing
Reducing Revolver Loan features:
- Loans from $500,000 to $25 million plus.
- Competitive rates.
- Monthly reductions of account availability.
- Prepayment of the loan (using excess cash from the Revolver Loan account) without penalty.
- Reduction of interest expense as the loan is prepaid.
- The ability to reuse any prepaid amount on a revolving basis.
- Adjustable-rate financing.
- Terms ranging from three to 10 years.
- Amortizations up to 20 years.
- Collateral options:
- First lien on equipment
- Securities-based financing
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| SMALL-BIZ
RATE REPORT |
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| •Home page |
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| CURRENT
INTEREST RATES |
| •Survey of Borrowers |
| •Survey of Lenders |
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| KEY
PROVISIONS |
| Where
you are most likely to find: |
| •The
lowest rate |
| •The
longest maturity |
| •A
call provision |
| •A
prepayment penalty |
|
| MARKET
FORECAST |
| •Are
rates rising or falling? |
| •Harder/easier
to get a loan? |
| •Who
else is borrowing? |
|
| What
bankers say |
| •Is
demand rising or falling? |
| •Will
terms ease or tighten? |
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| HOW-TO
GUIDES |
| •Basics of Raising Capital |
| •Sources of Capital |
| •Step-by-Step Guide |
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| SEARCH FOR LENDERS |
| •Introduction |
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