Spot TL Loans with an early payment option

Spot TL loans are loans that are designed to meet your short-term cash needs and whose amounts, interest rates, and terms are all locked in according to market conditions on the date the loan is extended. interest rates tend to be lower on these loans than on other credit products. Interest is paid along with the principal.

Features

• Early-payment option spot TL loans may be paid off partially or entirely before they fall due.
• In the event of partial or complete early payment, the interest and other charges due on the amount of principal paid is also collected.
• When the loan is extended, the rate of interest is locked in as well. This makes cash management easier since you know in advance the maximum amount of interest you'll have to pay.
• Spot TL loans satisfy your short-term cash requirements.