Are there any large long-term loans?
1, mortgage
If you want to apply for a large and long-term loan, mortgage is undoubtedly the first choice. The advantages of mortgage loan are low interest rate, high loan amount and long installment time. As long as the borrower meets the basic loan conditions of the bank and has a large amount of collateral, he can apply for a mortgage loan at the bank.
The amount of mortgage loan depends on the collateral, which is generally 70% of the value of the collateral. The longest mortgage loan can be divided into 30 years, and the lowest loan interest rate is 3.85%.
2. Guaranteed loan
Secured loans are also an option for large loans. When applying for a loan, the borrower needs to provide a guarantor or collateral to the bank. Because the guarantor needs to bear greater repayment responsibility and risk, many people are willing to guarantee for others.
If the borrower can't find a guarantor, he can find a guarantee company. There are also many guarantee companies in the market, but guarantee companies usually need to charge a lot of guarantee fees.
3. Corporate loans
Many small and medium-sized enterprises are operated by financing. If the funding gap is relatively large, most of them will choose to apply for corporate loans. There is no upper limit on the amount and quantity of corporate loans, as long as the enterprises applying for loans meet the conditions of bank loans and have sufficient repayment ability.
The above is "Is there a large long-term loan?" I hope I can help you!