Other Loan Services
Commercial Loan
For company borrowers, owner-occupied or investment loans are generally acceptable. There are a wide variety of business (commercial) loans available in the finance market. These loans are typically used to finance a business’s major capital expenditures (for example, buildings or equipment), or its daily operating costs (often called working capital). This financing can help you to start or grow your business.
Personal Loan
Personal loans refer to money borrowed for any legal purpose. can help you borrow substantial sums, generally up to $50,000, regardless of what you intend to use the cash for, whether for a holiday, to cover medical expenses, to renovate your home or even for just for an important purchase. This in turn can give you some breathing room, get you out of a tight spot, or help you treat yourself to a much needed break.
Car Loan
A car loan is a specific type of personal loan that you can use to buy a new or used vehicle when your savings won’t cover the total cost upfront. When you take out a car loan, you will need to make regular repayments over a fixed term towards the lump sum you borrowed (the principal), as well as interest accrued. The interest rate will apply on the loan amount from the time you take out the loan.
Generally you would have the option to choose whether you want a “balloon”. A balloon is a lump sum payment at the end of the loan term. As this lowers repayments, most people choose this option as they plan to sell and upgrade their car.