Benefits
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You can tailor the amount and term to match your business needs.
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You can repay and redraw with ease of flexibility to fund business outflows at short notice.
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You do not have to ?lock in ? to unfavorable long-term interest rates, instead you have the option to choose the optimum borrowing amount and term accordingly.
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It can be used to finance a wide range of working capital needs.
Features
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A Revolving Term Loan can be made available on either a secured or unsecured basis, subject to status.
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Term and amount can be mutually agreed and reflects your individual company requirements and of course your ability to service the debt.
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Revolving Term credit Facilities are an important component in the package of financial solutions provided by Gulf Bank.
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The ability to repay and redraw the facility enables you to effectively control interest expense.