We offer two type of loan structure, term loan and revolving loan.
| Term Loan | Revolving Loan |
|---|---|
| Monthly instalment of Principal + Interest [P+I] | Monthly instalment of Interest only [I only] |
| Fixed monthly repayment commitment | Flexible repayment on Principal. Repay Principal latest by loan due date |
| Lower interest charges as interest is charged on reducing balance basis | Do not allow to withdraw the Principal paid earlier |
| Structure similar to HDB loan, Motor loan | Structure similar to overdraft facility, credit card loan |
| Suitable for people who prefer fixed commitment | Suitable for people who need the financing amount throughout the loan period. |