Yes, business loans with a wide variety of payment programmes are available. These can include lump sum repayments at the end of the loan (sometimes referred to as a bullet repayment or balloon repayment) or repayment holidays during the term. Some lenders will allow seasonal repayment structures if your cash flow operates in this way. In most circumstances, you will have to keep up to date with the interest during any period of reduced repayment, but interest roll-up can be negotiated in some situations.
Talk to us about finding a deferred payment structure that suits your business.