Business loan help people to start, maintain, or expand their business. Business loan is secured, which means there's a collateral. This is an asset or belongings valued at or above the requested loan amount, which is used as security for repayment.
You receive funds in one lump sum and pay the loan back in fixed monthly payments, with interest calculated into the repayments.
LTD offers Business loans from $50,000 LRD up to $5,000,000 with terms of 12, 24, 36, 48, 60, 72, and 84 months.