Kollokation
We add our money into the bank loan, at 1 percent.
Our son has said he will get a bank loan if necessary.
It took about one and a half years to pay off the bank loan.
Bank loans are cheap but usually last only three months.
With a £15,000 bank loan he worked to turn the company around, selling it just three years later for £1.3 million.
They established a $100,000 line of credit and took out a $21,000 bank loan.
They welcome the idea, and take a bank loan to fund the business.
For example, when an individual takes out a bank loan, they are charged interest.
Bank loans here now carry an annual interest rate of about 12 percent.
Bank loans to individuals and companies are no longer rising.
