Term loans are long-term secured loans primarily used for the acquisition of, and investment in, appreciating assets such as the acquisition of a business, buyout of a partner, purchase of real estate, and capital improvements to the business, etc.
Term loans are typically for more than $1 Million and are collateralized with hard assets.
The repayment terms on Term Loans generally range from five to fifteen years, or longer, and interest rates may be fixed or variable and will be competitive with any leading bank for the same type of loan and borrower qualifications.
For more information on Term Loans or any of CyoGate's Business Loans Services, please contact us today, or request a Business Loan Application using the button below.
An Internet Merchant Account is sometimes referred to as a "MOTO" (Mail Order & Telephone Order) Account because they all require the ability to process a credit card payment when there is no physical credit card present to be swiped. A standard retail "swipe" merchant account does not allow processing of these "card-not-present" transactions.
If the domestic banks are denying your merchant application because they believe your industry is considered high risk, CyoGate can help! We have an offshore network of merchant processing partners that enable us to provide low cost, high risk merchant solutions to a much wider range of businesses and industries.
The CyoGate Internet Payment Gateway offers one of the quickest and most cost effective ways to accept and process credit card and electronic check payments online. Our payment gateway works with most existing merchant accounts and supports hundreds of popular web shopping carts and eCommerce platforms.