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Demand Loans

For temporary and short-term needs. The Demand Loan is terminable at the option of either the borrower or the bank, and does not have a fixed maturity date or scheduled principal amortization.

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Features and Benefits

  • Ideal for financing pending receipt of funds with the pending sale of real estate
  • Permanent financing source such as a student loan, pending distribution such as insurance proceeds or maturing investments and or seasonal or other merchandise sales