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Term Loan
American Unsecured offers term loans for business or personal needs. A term loan is defined as a loan (which can be for any purpose) in which the principal and interest are repaid in equal amounts, for a predetermined length of time, called the loan's “term.” For example, if you borrow $5,000 and repay the loan over a term of three years and incur interest charges of $750, then you would pay $159.72 each month over the term of the loan ($5,000 + $750 = $5,750/36 months = $159.72). An “unsecured” term loan is one that is not backed by any collateral or equity.
Regardless of whether your funding needs are large or small, we have a term loan that is right for you! Term loans are available in amounts up to $250,000 for personal loan customers and in amounts as large as $5 Million for qualified business customers. Term loans are available to consumers in all 50 states and, once approved, funds can be direct-deposited into your bank account. With a term loan, there is never an annual fee. Once you have been pre-qualified (which only takes a few minutes online), your personal loan representative will assist you in completing the rest of the loan process. Only your individual, unique financial qualifications are used to determine your prospective loan amount and interest rate without the requiring you to provide piles of financial documentation.
Click on the link below to begin our on-line application, or call toll-free 1-800-809-0981 to speak with a representative. Its easy to find a term loan program to fits your individual needs. Apply today and get approved with no obligation.
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Copyright © 2009 American Unsecured Group
All rights reserved.
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