3 ms·
It's standard for corporate loans. The point of a loan is to pay interest for cash, and it's not really helpful outside of consumer lending to amortise the loan
by Panzer04 3y ago
It's standard for corporate loans. The point of a loan is to pay interest for cash, and it's not really helpful outside of consumer lending to amortise the loan principle over the term rather than simply pay the full amount when due (usually funded by refinancing and simple cash on hand)