A Revolving Term Loan is yet another product that can be tailored to suit your company’s working capital profile. The ability to repay and redraw under the facility provides you with flexibility to service working capital requirements to take you through your operating business cycle.

Benefits

• You can tailor the amount and term to match your business needs.
• You can repay and redraw with ease of flexibility to fund business outflows at short notice.
• 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.
• It can be used to finance a wide range of working capital needs.

Features

• A Revolving Term Loan can be made available on either a secured or unsecured basis, subject to status.
• Term and amount can be mutually agreed and reflects your individual company requirements and of course your ability to service the debt.
• Revolving Term credit Facilities are an important component in the package of financial solutions provided by Gulf Bank.
• The ability to repay and redraw the facility enables you to effectively control interest expense.