1 Company ABC is looking to borrow $1,000,000 to fund a new project but, because...
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1 Company ABC is looking to borrow $1,000,000 to fund a new project but, because of shipping and assembly time for the equipment, this project will not generate any cash flow for approximately 1 year. The owner believes that interest rates will be higher in the future than they are today. What is the best lending solution for this client?
Unsecured, non-amortizing term loan with a fixed interest rate
Secured term loan with a fixed interest rate, and 12 months of interest-only payments
Unsecured amortizing term loan with a fixed interest rate
Secured amortizing term loan with a variable interest rate
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