A fixed-rate term loan offers an unchanging interest rate for the life of the loan, making it easy to budget, with the same predictable payments over the life of the loan.
Take advantage of lower short-term interest rates through an adjustable-rate term loan, which adjusts daily as rates shift.
Our WCMA Reducing Revolver loan is an adjustable rate loan that combines term financing with the convenience of revolving credit. It enables you to reduce interest expense by borrowing what you need, prepay without penalty, and re-borrow prepaid amounts on a revolving basis.