TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

BUILDING TERM LOAN [1 record]

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Record 1 2015-02-25

English

Subject field(s)
  • Loans
CONT

Building term loans are also available to finance the purchase of land and the purchase, construction or major renovation of an outlet. The amount of the loan cannot exceed 75% of the appraised market value of the land and buildings less the amount of any outstanding mortgage. These loans are normally repaid over a period of ten years or longer. Under special circumstances interest-only payments may be arranged for the first year.

French

Domaine(s)
  • Prêts et emprunts

Spanish

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