Intro: How To Install An Electric Fence. For gardeners everywhere, the race to gather the harvest before animals do can be frustrating. Luckily, there is hope. Electric fences help provide a barrier around your garden ...
The long-term loan usually has a maturity of 3-10 years although long-term bank loans can stretch out as far as 20 years depending on its purpose.
DEFINITION of 'Term Loan'. A loan from a bank for a specific amount that has a specified repayment schedule and a floating interest rate. Term loans almost always mature between one and 10 years. Next Up.