Term Loans

Finance the growth needs of your business.

A credit facility contributes to the growth of your business by providing permanent financing.

Term Loans are typically used to finance:

• Permanent working capital
• Purchase of equipment
• Purchase of long term assets

Citibank^® can work with you to discuss your financing needs: A term loan is a formal commitment of the bank to lend a specific amount, for a particular purpose, for a stated period of time exceeding one year. The amount and tenor depends on the purpose and cash flow of your business.