What is a term loan and what are its advantages?

The purpose of the term loan is to finance the purchase of tangible and intangible assets based on an amortization period aligned with the useful life of the asset. Disbursements are made according to the progress of work (for certain projects) and repayments can be adjusted according to the realities of your projects and business.

A term loan:

Allows payments to be spread over several years, leaving you with more cash flow
Offers predetermined payment terms and conditions
Improves capital budget management
Maximizes your business's balance sheet structure

To find out if a term loan is right for your business, visit the long-term financing solutions page.

Related questions

What is a banker's acceptance?

Learn more about a banker’s acceptance and the numerous benefits for your business with in-depth articles and FAQs from our Business Help centre.

Are credit scores affected if a locked file is consulted?

Learn more about the impact on your credit score if you access your locked file, and more information regarding your credit score.

What is an operating line of credit and its advantages?

Learn more about the benefits of an operating line of credit and how it may benefit your business. Visit our Business Help centre for more information.

We’re here for you

Tells us about your needs

Schedule a call with one of our experts for advice tailored to your reality.

Make an appointment

Call us

Need immediate help? Contact us from Monday to Friday, 8 a.m. to 8 p.m. (ET).

Get in touch

Enter the details of your request in our form. We’ll answer you by email as soon as we can.