Loans For Construction Companies
Contents Bank-issued short-term financing Interest rate cap law Longest repayment term Gaining popularity owing Construction business loans A construction loan is a type of bank-issued short-term financing, created for the specific purpose of financing a new home or other real estate project. The loan can be applied for by anyone who is investing their time and money in construction or related expenses. commercial banks and other financial institutions now have the liberty to vary their interest rates on loans. The interest rate cap law came into effect September 14, 2016,…
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