Explanation of Interest Rate on Financing
Explanation of Interest Rate on Financing:
Loan/Finance Amount | Maturity | *Pricing | **Monthly Payment Amount |
100,000 | STL Up to 1 year | Margin + ***Reference Rate | NA |
100,000 | MTL 1-3 year | Margin + ***Reference Rate | NA |
100,000 | LTL 3 years onwards | Margin + ***Reference Rate | NA |
*Pricing may differ from one client to another and subject to credit scoring of each customer |
**It is not necessarily Monthly Payment as it could be Monthly, Quarterly, and Semi-Annual depending on the pricing and interest period |
***Depending on the Currency of the Loan as it could be LIBOR, SAIBOR, or EURIBOR |