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COMMERCIAL TERM LOAN
Commercial Term Loans are available for financing a wide range purchases for your business; they are ideal for purchasing equipment, other fixed assets, commercial vehicles or increasing your inventory levels or consolidate existing debt.
Term Loans are very cost effective, interest rates normally lower than other forms of credit; and are very beneficial to your businesses cash flow and future growth of your business.
Dauphin Plains offers very flexible terms with competitive fixed or variable interest rates.
The interest rate charged depends on a number of factors, including the purpose of the loan, the security taken, the term's length, and the degree of risk and the amount of business that the member does with the Credit.
Term Loans can be tailored to suite your businesses cash flow with payment options of weekly, bi-weekly, monthly, quarterly, semi-annual or annual; all term loans are open to pre-payment or payoff at any time without penalty.
Dauphin Plains is approved to offer Government Guaranteed term loans through the REA Loan Program (Provincial Government Program) and the Canada Small Business Loan Program (Federal Government Program).
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