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Fixed Advance

A fixed advance is a form of simple short-term credit, whereby the bank provides the borrower with a fixed advance of a specified amount, over a specified period of time, and at a pre-agreed interest rate. Recovery is based on a repayment schedule negotiated with the bank. This advance can take the form of an investment loan.

Cette avance peut prendre la forme d’un crédit d’investissement.

Robot Rawbank