Term Loan

sefa’s term loans offer businesses the cash they need to buy other forms of moveable assets.

Unlike asset financing, term loans are used to acquire moveable assets that cannot be identified by means of serial numbers, such as office furniture, fixtures and fittings.

 The benefits of term loans:

• Often a small business will use the cash from a term loan to buy fixed assets such as equipment used in its production process.
• In addition, sefa can use assets acquired through a term loan as security for the loan.

 The repayment term:

• sefa’s repayment period for a term loan is between 12 and 60 months