{"id":1809,"date":"2021-06-30T18:04:20","date_gmt":"2021-06-30T22:04:20","guid":{"rendered":"https:\/\/firstcitizensgroup.local\/gy\/business\/borrowing\/term-loan-for-business"},"modified":"2021-08-26T20:51:06","modified_gmt":"2021-08-27T00:51:06","slug":"term-loan-for-business","status":"publish","type":"page","link":"https:\/\/uxc.dev\/firstcitizensgroup\/business\/borrowing\/term-loan-for-business","title":{"rendered":"Term Loan for Business"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1809\" class=\"elementor elementor-1809\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2e4aa1b3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2e4aa1b3\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;_ob_glider_is_slider&quot;:&quot;no&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-53febb71\" data-id=\"53febb71\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;_ob_column_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_column_has_pseudo&quot;:&quot;no&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-523304cf ob-harakiri-inherit ob-has-background-overlay elementor-widget elementor-widget-text-editor\" data-id=\"523304cf\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_ob_use_harakiri&quot;:&quot;yes&quot;,&quot;_ob_harakiri_writing_mode&quot;:&quot;inherit&quot;,&quot;_ob_postman_use&quot;:&quot;no&quot;,&quot;_ob_poopart_use&quot;:&quot;yes&quot;,&quot;_ob_shadough_use&quot;:&quot;no&quot;,&quot;_ob_allow_hoveranimator&quot;:&quot;no&quot;,&quot;_ob_widget_stalker_use&quot;:&quot;no&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\n<h2 class=\"wp-block-heading\">Overview<\/h2>\n\n<ul class=\"wp-block-list\">\n<li>Fixed Rate<\/li>\n<li>Variable Rate<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">A Term Loan can help when you are planning to purchase major fixed assets. Based on your short- or long-term business goals, you can choose either a fixed- or variable-rate loan.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Key benefits of the Term Loan for business:<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li>Flexible payment options and terms that allow you to match your loan to your cash flow<\/li>\n<li>Competitive fixed or variable interest rates<\/li>\n<li>Flexible repayment periods of up to 15 years<\/li>\n<li>Options to make partial or full pre-payments at any time<\/li>\n<\/ul>\n\n<h2 class=\"wp-block-heading\">Fixed Rate<\/h2>\n\n<p class=\"wp-block-paragraph\">A Fixed-Rate loan offers you the peace of mind of consistent payments, regardless of fluctuations in base interest rates.<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Lock in at a specific fixed rate for lower borrowing costs when you make regular payments<\/li>\n<li>Maintain your budgeted costs even when base interest rates rise<\/li>\n<li>Make blended payments that can go towards principal and interest<\/li>\n<\/ul>\n\n<h2 class=\"wp-block-heading\">Variable Rate<\/h2>\n\n<ul class=\"wp-block-list\">\n<li>A Variable-Rate loan provides you the opportunity to save on interest costs immediately when the base interest rate decreases.<\/li>\n<li>Save money when interest rates decrease<\/li>\n<li>Option to make partial or full pre-payments, penalty free<\/li>\n<\/ul>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Overview Fixed Rate Variable Rate A Term Loan can help when you are planning to purchase major fixed assets. Based on your short- or long-term business goals, you can choose either a fixed- or variable-rate loan. Key benefits of the Term Loan for business: Flexible payment options and terms that allow you to match your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":1795,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"section":[44],"class_list":["post-1809","page","type-page","status-publish","hentry","section-business"],"meta_box":{"text_subheading":"","subheading_description":"","highlights":[],"apply_link":"","download_link":"","benefits_description":"","text_benefits":[],"glance_1_title":"","glance_1_benefit":"","glance_2_title":"","glance_2_benefit":"","glance_3_title":"","glance_3_benefit":"","page_title_description":"Right for you if you are planning to purchase major fixed assets.","page_title_background":false,"page_title_foreground_image":false},"_links":{"self":[{"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/pages\/1809","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/comments?post=1809"}],"version-history":[{"count":0,"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/pages\/1809\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/pages\/1795"}],"wp:attachment":[{"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/media?parent=1809"}],"wp:term":[{"taxonomy":"section","embeddable":true,"href":"https:\/\/uxc.dev\/firstcitizensgroup\/wp-json\/wp\/v2\/section?post=1809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}