Term Loan

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Dictionary Says

Definition of 'Term Loan'

A loan from a bank for a specific amount that has a specified repayment schedule and a floating interest rate. Term loans almost always mature between one and 10 years.
Investopedia Says

Investopedia explains 'Term Loan'

For example many banks have term-loan programs that can offer small businesses the cash they need to operate from month to month. Often a small business will use the cash from a term loan to purchase fixed assets such as equipment used in its production process.

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Search results for

'Term Loan'

  • Forces Behind Interest Rates

    http://www.investopedia.com/articles/03/111203.asp
    ... Also, the face value of a long-term loan, compared to that of a short-term
    loan, is more vulnerable to the effects of inflation. ...

  • What is long-term care?

    http://www.investopedia.com/ask/answers/09/long-term-care.asp
    ... (Learn about long term care insurance in our article, Long-Term Care Insurance ... Product,
    Today, Last Wk. $30K HELOC, 4.59%, 4.60%. $30K Home Equity Loan, 5.74%, 5.77 ...

  • To whom was the term "corporate kleptocracy" first applied?

    http://www.investopedia.com/ask/answers/09/corporate-kleptocracy-conrad-black-hollinger.asp
    ... The term "corporate kleptocracy" is believed to have originated in a 2004 report
    by the Special Committee of the Board of ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Who coined the term "entrepreneur"?

    http://www.investopedia.com/ask/answers/08/origin-of-entrepreneur.asp
    ... This is because the term was actually coined by an admirer of Adam Smith's book. ...
    Product, Today, Last Wk. $30K HELOC, 4.59%, 4.60%. $30K Home Equity Loan, 5.74%, ...

  • What is the difference between term and universal life insurance?

    http://www.investopedia.com/ask/answers/205.asp
    ... To learn more, read Buying Life Insurance: Term Versus Permanent. by Investopedia
    Staff. ... $30K HELOC, 4.59%, 4.60%. $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Car Title Loans: Good Option For Fast Cash?

    http://www.investopedia.com/articles/pf/09/car-title-loan.asp
    ... This loan is a short-term loan with a hefty interest rate; if you don't pay back
    the money within a set time frame - with interest - you've essentially sold ...

  • Why You Need A Plan For Long-Term Care - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/Why-You-Need-A-Plan-For-Long-Term-Care.aspx
    ... Why You Need A Plan For Long-Term Care. ... Unfortunately, when it comes to dealing with
    long-term care needs, that sort of mindset makes the problem much worse. ...

  • Understanding The Mortgage Payment Structure

    http://www.investopedia.com/articles/pf/05/022405.asp
    ... In simplest terms, a mortgage is a long-term loan designed to help the borrower
    purchase a house. In addition to repaying the principal ...

  • Long-Term Care Insurance: Who Needs It?

    http://www.investopedia.com/articles/04/062304.asp
    ... Finally, remember that paying premiums is less costly than paying long-term expenses
    out of your pocket. ... $30K Home Equity Loan, 5.74%, 5.77%. ...

  • Taking The Surprise Out Of Long-Term Care

    http://www.investopedia.com/articles/04/112904.asp
    ... Conclusion A long-term care insurance policy is a viable way to protect your assets. ...
    $30K HELOC, 4.59%, 4.60%. $30K Home Equity Loan, 5.74%, 5.77%. ...

Related Articles

Bank Rates
Product Today Last Wk
$10K MMA 0.50% 0.51%
MMA 0.45% 0.46%
6 Month CD 0.46% 0.47%
1 Year CD 0.70% 0.75%
5 Year CD 1.46% 1.46%
1 Year Jumbo CD 0.66% 0.67%
Rate data provided by Bankrate
Product Today Last Wk
$30K HELOC 4.59% 4.60%
$30K Home Equity Loan 5.74% 5.77%
$50K Home Equity Loan 5.45% 5.50%
$50K HELOC 4.24% 4.24%
$100K Home Equity Loan 5.41% 5.46%
$100K HELOC 4.13% 4.13%
Rate data provided by Bankrate
Product Today Last Wk
30 Year Fixed 3.80% 3.80%
15 Year Fixed 3.09% 3.11%
1 Year ARM 3.54% 3.53%
30 Year Fixed Jumbo 4.38% 4.38%
5/1 ARM 2.65% 2.69%
3/1 ARM 2.69% 2.69%
Rate data provided by Bankrate
Product Today Last Wk
60 Month Used Car Loan 4.51% 4.51%
48 Month Used Car Loan 4.35% 4.35%
48 Month New Car Loan 3.24% 3.24%
36 Month Used Car Loan 4.34% 4.36%
36 Month New Car Loan 3.11% 3.13%
60 Month New Car Loan 3.35% 3.34%
Rate data provided by Bankrate
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