Fixed advance
Loan with the interest rate, currency and amount fixed in advance, to be paid back over an agreed period or at the time of cancellation.
Advantages:
- Fixed interest rate payments over the term of the loan
- Makes it simple to calculate your outgoings
Conditions:
| Loan agreement | To keep things clear, we stipulate the lending limits in the loan agreement. |
| Minimum amount | CHF 100,000 or the equivalent value |
| Current lending rate | Interest rates are updated daily and are aligned to the money market or capital market Interest rates on request |
| Term | Depends on the loan amount. Can vary between 1 month and 10 years |
| Cancellation | Not possible, early payment penalty charged if redeemed early |
| Redemtion obligation | Only in the case of long-term loan agreements with special terms |
