Spot Loans

Spot Loans are loans that are designed to meet your short-term cash needs and whose amounts, interest rates, and terms are all fixed in according to market conditions on the date the loan is issued. The credit amount is fully disbursed at once and interest is mostly paid along with the payment of the principal. One of the most important features of spot loan is that its period can be set on daily, weekly, monthly basis; and another one is that the determined interest rate is locked until the maturity date of which protects you against probable fluctuations in the market, and the predetermined amount and date of repayment to be made, helps your cash flow.