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Term financing

Term financing describes a loan where repayment will happen within a specified time or term, and is based on sustainable cash flow (debt service coverage/capacity).

A term loan can help you:

  • Purchase fixed assets (including land, buildings, machinery, equipment)
  • Fund working capital shortfalls
  • Address seasonal inventory needs

For more information about term financing, speak with an account manager at your nearest Envision Credit Union branch.

 
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