Traduction Term Facility Agreement
The long-term loan has a fixed or variable interest rate based on a benchmark interest rate such as the U.S. premium rate or the London Interbank Offer Rate (LIBOR) – a monthly or quarterly timetable and a set maturity date. When the proceeds of the loan are used to finance the acquisition of an asset, the usefulness of that asset may affect the repayment plan. The loan requires guarantees and a strict authorisation procedure to reduce the risk of default or default. However, long-term loans generally do not go unpunished if they are paid in advance. A small business administration loan, officially known as 7 (a) secured loan, promotes long-term financing. Short-term loans and revolving lines of credit are also available to cover the immediate and cyclical needs of a company`s working capital. The maturities of long-term loans vary depending on the repayment capacity, the purpose of the loan and the usefulness of the funded asset. The maximum term of the loan is usually 25 years for real estate, 7 years for working capital and 10 years for most other loans. The borrower repays the loan with monthly principal and interest payments. While the principal of a long-term loan is technically only due until maturity, most long-term loans operate on a set schedule that requires a certain payment size at specified intervals.
Both in the medium and short term, long-term loans can be balloon loans and come with balloon payments – the so-called final rate at a much larger amount, or “balloons” at a much larger amount than any of the previous ones. For business loans, a temporary loan is usually paid for equipment, real estate or working capital that is paid between one and twenty-five years. Often, a small business uses money from a long-term loan to acquire capital assets such as equipment or a new building for its production process. Some companies borrow the money they need to work month by month. Many banks have long-term credit programs in place to help businesses in this way. The installation — 1. Toilets literally everything that facilitates a show: a small outdoor installation and the forest. (Poyer, 1978, describes a cottage on the outskirts of a village) Often seen in the plural, although there is only one: …… As you do not say what you mean: A dictionary of euphemisms The SBA only charges advance fees to the borrower if the loan has a term of 15 years or more. Commercial and private assets insure each loan until the recovery value is equal to the amount of the loan or until the borrower has mortgaged all the assets as reasonably available. Similarly, an investment holder pays an amount equal to the amount of debts paid by that compensation to lenders under the maturity facility agreement where an investment holder has received compensation that has been executed on the issuer`s bonds under the bonds issued after the bonds.