IF YOU HAVE A LOAN THAT’S TOO EXPENSIVE OR TOO RISKY TO LIVE WITH, YOU CAN OFTEN REFINANCE INTO A BETTER LOAN. THINGS MAY HAVE CHANGED SINCE YOU BORROWED MONEY, AND THERE MAY BE SEVERAL WAYS TO IMPROVE THE TERMS OF YOUR LOAN. WHETHER YOU'VE GOT A BUSINESS LOAN, PROJECT LOANS, OR OTHER DEBT, REFINANCING ALLOWS YOU TO SHIFT THE DEBT TO A BETTER PLACE.
EXCELLTRUST GIVES YOU THE BEST REFINANCING LOAN RATES
We will assess your short- and long-term needs to help determine the right solution for you. Anticipate and respond to rush transactions, which may include leveraging, investments to make a strategic acquisition while the mortgage process is underway Work closely with you from application to funding your loan.
We Offer ongoing, personalised support for the life of your loan, from straightforward overdraft facilities to highly structured complex credit facilities, our experienced credit advisers can provide creative lending solutions and timely responses.
We offer long-term financing facilities to finance the procurement of capital goods for the repair, modernization, expansion or establishment of new projects or refinancing, with a loan term of at least 6 months up to a maximum of 15 years.
Kami akan menilai kebutuhan jangka pendek dan jangka panjang Anda untuk membantu menentukan solusi yang tepat untuk Anda. Mengantisipasi dan menanggapi transaksi terdesak, yang mungkin termasuk meningkatkan, investasi untuk melakukan akuisisi strategis sementara proses hipotek sedang berlangsung. Bekerja sama dengan Anda dari aplikasi sampai dengan tahap pendanaan pinjaman Anda.
Kami menawarkan dukungan pribadi dan berkelanjutan untuk kehidupan pinjaman Anda, mulai dari straightforward overdraft facilities sampai fasilitas kredit kompleks yang sangat terstruktur, penasihat kredit kami yang berpengalaman dapat memberikan solusi pemberian pinjaman yang kreatif dan tanggapan yang tepat waktu.
Kami menawarkan fasilitas pembiayaan jangka panjang untuk membiayai pengadaan barang modal untuk perbaikan, modernisasi, perluasan atau pendirian proyek baru atau refinancing, dengan jangka waktu pinjaman minimal 6 bulan hingga maksimal 15 tahun.
We Offer ongoing, personalised support for the life of your loan, from straightforward overdraft facilities to highly structured complex credit facilities, our experienced credit advisers can provide creative lending solutions and timely responses.
We offer long-term financing facilities to finance the procurement of capital goods for the repair, modernization, expansion or establishment of new projects or refinancing, with a loan term of at least 6 months up to a maximum of 15 years.
Kami akan menilai kebutuhan jangka pendek dan jangka panjang Anda untuk membantu menentukan solusi yang tepat untuk Anda. Mengantisipasi dan menanggapi transaksi terdesak, yang mungkin termasuk meningkatkan, investasi untuk melakukan akuisisi strategis sementara proses hipotek sedang berlangsung. Bekerja sama dengan Anda dari aplikasi sampai dengan tahap pendanaan pinjaman Anda.
Kami menawarkan dukungan pribadi dan berkelanjutan untuk kehidupan pinjaman Anda, mulai dari straightforward overdraft facilities sampai fasilitas kredit kompleks yang sangat terstruktur, penasihat kredit kami yang berpengalaman dapat memberikan solusi pemberian pinjaman yang kreatif dan tanggapan yang tepat waktu.
Kami menawarkan fasilitas pembiayaan jangka panjang untuk membiayai pengadaan barang modal untuk perbaikan, modernisasi, perluasan atau pendirian proyek baru atau refinancing, dengan jangka waktu pinjaman minimal 6 bulan hingga maksimal 15 tahun.
- Funds limited : UNLIMITED
- The loan amount is based on liquidity and other risk assessment factors.
- Interest rates in IDR and US$.
WHAT IS REFINANCING?
Refinancing is the process of replacing an existing loan with a new loan.
The new loan pays off the current debt, so that debt is not eliminated when you refinance. However, the new loan should have better terms or features that improve your finances.The details depend on the type of loan and your lender, but the process typically looks like this:
Why People and Businesses Refinance Refinancing is time-consuming, it can be expensive, and a new loan might be missing attractive features that an existing loan offers. So why go through the process? There are several potential benefits to refinancing.
Save money: A common reason for refinancing is to save money on interest costs. To do so, you typically need to refinance into a loan with an interest rate that is lower than your existing interest rate.
Especially with long-term loans and large amounts rates, lowering the interest rate can result in significant lifetime interest savings.
Lower payments: Refinancing can lead to lower required monthly payments. The result is easier cash flow management and more money available in the budget for other monthly expenses.
When you refinance, you often restart the clock and extend the amount of time you’ll take repay a loan. Since your balance is most likely smaller than your original loan balance and you have more time to repay, the new monthly payment should decrease.
A lower interest rate (with all other things staying the same) can also lead to lower monthly payments. However, simply extending the life of a loan can actually mean you’ll pay more for the loan over the long term. To see how interest rates and your loan term affect cash monthly flow, you can email us at submit@excelltrust.com
Shorten the loan term: Instead of extending repayment, you can also refinance into a shorter term loan. For example, you might have a 30-year home loan, and that loan can be refinanced into a 15-year home loan. That move might make sense if you want to make larger payments to get rid of the debt more quickly. Of course, you can also just make extra payments without refinancing. Making larger payments without refinancing would help you avoid paying closing costs and keep some flexibility (you can pay more than the minimum, but you don’t have to if something comes up).
Consolidate debts: If you have multiple loans, it might make sense to consolidate those loans into one single loan—especially if you can get a lower interest rate.
It’ll be easier to keep track of payments and loans, but consolidating can cause problems (see below).
Change your loan type: Even if you don’t lower your interest rate or monthly payment, it can make sense to refinance for other reasons. For example, if you have a variable-rate loan, you might prefer to switch to a loan with a fixed rate. A fixed interest rate could offer protection if rates are currently low, but expected to rise.
Pay off a loan that’s due: Some loans, particularly balloon loans, have to be repaid on a specific date. But you might not have the funds available a large lump-sum payment. In those cases, it might make sense to refinance the loan—using a new loan to fund the balloon payment—and take more time to pay off the debt.
For example, some business loans are due after just a few years, but they can be refinanced into longer-term debt after the business has established itself and shown a history of making on-time payments.
The new loan pays off the current debt, so that debt is not eliminated when you refinance. However, the new loan should have better terms or features that improve your finances.The details depend on the type of loan and your lender, but the process typically looks like this:
- You have an existing loan that you would like to improve in some way.
- You find a lender with better loan terms, and you apply for the new loan.
- The new loan pays off the existing debt completely.
- You make payments on the new loan until you pay it off or refinance.
Why People and Businesses Refinance Refinancing is time-consuming, it can be expensive, and a new loan might be missing attractive features that an existing loan offers. So why go through the process? There are several potential benefits to refinancing.
Save money: A common reason for refinancing is to save money on interest costs. To do so, you typically need to refinance into a loan with an interest rate that is lower than your existing interest rate.
Especially with long-term loans and large amounts rates, lowering the interest rate can result in significant lifetime interest savings.
Lower payments: Refinancing can lead to lower required monthly payments. The result is easier cash flow management and more money available in the budget for other monthly expenses.
When you refinance, you often restart the clock and extend the amount of time you’ll take repay a loan. Since your balance is most likely smaller than your original loan balance and you have more time to repay, the new monthly payment should decrease.
A lower interest rate (with all other things staying the same) can also lead to lower monthly payments. However, simply extending the life of a loan can actually mean you’ll pay more for the loan over the long term. To see how interest rates and your loan term affect cash monthly flow, you can email us at submit@excelltrust.com
Shorten the loan term: Instead of extending repayment, you can also refinance into a shorter term loan. For example, you might have a 30-year home loan, and that loan can be refinanced into a 15-year home loan. That move might make sense if you want to make larger payments to get rid of the debt more quickly. Of course, you can also just make extra payments without refinancing. Making larger payments without refinancing would help you avoid paying closing costs and keep some flexibility (you can pay more than the minimum, but you don’t have to if something comes up).
Consolidate debts: If you have multiple loans, it might make sense to consolidate those loans into one single loan—especially if you can get a lower interest rate.
It’ll be easier to keep track of payments and loans, but consolidating can cause problems (see below).
Change your loan type: Even if you don’t lower your interest rate or monthly payment, it can make sense to refinance for other reasons. For example, if you have a variable-rate loan, you might prefer to switch to a loan with a fixed rate. A fixed interest rate could offer protection if rates are currently low, but expected to rise.
Pay off a loan that’s due: Some loans, particularly balloon loans, have to be repaid on a specific date. But you might not have the funds available a large lump-sum payment. In those cases, it might make sense to refinance the loan—using a new loan to fund the balloon payment—and take more time to pay off the debt.
For example, some business loans are due after just a few years, but they can be refinanced into longer-term debt after the business has established itself and shown a history of making on-time payments.
excelltrust offer you variety of refinancing source
with lower rates to your own wish
APA ITU REFINANCING:
Refinancing adalah proses mengganti pinjaman yang ada dengan pinjaman baru. Pinjaman baru ini membayar hutang lancar, sehingga hutang tidak dihilangkan saat Anda melakukan refinancing. Namun, pinjaman baru harus memiliki persyaratan atau fitur yang lebih baik yang memperbaiki keuangan Anda. Rinciannya tergantung pada jenis pinjaman dan pemberi pinjaman Anda,
Anda memiliki pinjaman yang sudah ada yang ingin Anda tingkatkan dengan cara tertentu. Anda menemukan pemberi pinjaman dengan persyaratan pinjaman yang lebih baik, dan Anda mengajukan pinjaman baru. Pinjaman baru ini membayar hutang yang ada sepenuhnya. Anda melakukan pembayaran pinjaman baru sampai Anda melunasinya atau membiayai kembali.
Mengapa Orang-orang dan Bisnis Refinance Refinancing memakan waktu, itu bisa mahal, dan pinjaman baru mungkin kehilangan fitur menarik yang ditawarkan oleh pinjaman yang ada. Jadi mengapa melalui prosesnya? Ada beberapa potensi keuntungan untuk refinancing.
Hemat uang: Alasan umum untuk melakukan refinancing adalah menghemat uang untuk biaya bunga. Untuk melakukannya, Anda biasanya perlu membiayai kembali pinjaman dengan tingkat suku bunga yang lebih rendah dari tingkat bunga yang ada.
Terutama dengan pinjaman jangka panjang dan tingkat suku bunga yang besar, menurunkan tingkat suku bunga dapat menyebabkan penghematan bunga seumur hidup yang signifikan.
Pembayaran lebih rendah: Refinancing dapat menyebabkan penurunan pembayaran bulanan yang diperlukan. Hasilnya adalah pengelolaan arus kas yang lebih mudah dan lebih banyak uang yang tersedia dalam anggaran untuk biaya bulanan lainnya.
Ketika Anda membiayai kembali, Anda sering me-restart jam dan memperpanjang jumlah waktu yang akan Anda bayar untuk membayar pinjaman. Karena saldo Anda kemungkinan besar lebih kecil dari saldo pinjaman awal Anda dan Anda memiliki lebih banyak waktu untuk membayar kembali, pembayaran bulanan baru harus turun.
Tingkat bunga yang lebih rendah (dengan semua hal lainnya tetap sama) juga dapat menyebabkan penurunan pembayaran bulanan. Namun, hanya memperpanjang umur pinjaman sebenarnya bisa berarti Anda akan membayar lebih untuk pinjaman dalam jangka panjang. Untuk melihat bagaimana suku bunga dan jangka waktu pinjaman Anda mempengaruhi arus kas bulanan, Anda bisa mengirim email kepada kami di submit@excelltrust.com
Mempersingkat jangka waktu pinjaman: Alih-alih memperpanjang pembayaran, Anda juga dapat melakukan refinance ke dalam pinjaman jangka pendek. Misalnya, Anda mungkin memiliki pinjaman rumah 30 tahun, dan pinjaman itu dapat dibiayai kembali ke dalam pinjaman rumah 15 tahun. Langkah itu mungkin masuk akal jika Anda ingin melakukan pembayaran lebih besar untuk menyingkirkan hutang lebih cepat. Tentu saja, Anda juga bisa melakukan pembayaran ekstra tanpa refinancing. Melakukan pembayaran lebih besar tanpa refinancing akan membantu Anda menghindari membayar biaya penutupan dan menjaga fleksibilitas (Anda bisa membayar lebih dari minimum, tapi Anda tidak perlu melakukannya jika ada yang muncul).
Mengkonsolidasikan hutang: Jika Anda memiliki banyak pinjaman, mungkin masuk akal untuk mengkonsolidasikan pinjaman tersebut menjadi satu pinjaman tunggal-terutama jika Anda bisa mendapatkan tingkat bunga yang lebih rendah.
Akan lebih mudah untuk melacak pembayaran dan pinjaman, namun konsolidasi dapat menyebabkan masalah (lihat di bawah).
Ubah jenis pinjaman Anda: Bahkan jika Anda tidak menurunkan tingkat suku bunga atau pembayaran bulanan Anda, masuk akal untuk membiayai kembali karena alasan lain. Misalnya, jika Anda memiliki pinjaman dengan tingkat variabel, Anda mungkin lebih suka beralih ke pinjaman dengan tingkat bunga tetap. Tingkat suku bunga tetap dapat menawarkan perlindungan jika suku bunga saat ini rendah, namun diperkirakan akan meningkat.
Melunasi pinjaman yang jatuh tempo: Beberapa pinjaman, terutama pinjaman balon, harus dilunasi pada tanggal tertentu. Tapi Anda mungkin tidak memiliki dana yang tersedia dengan pembayaran lump sum yang besar. Dalam kasus tersebut, mungkin masuk akal untuk membiayai kembali pinjaman tersebut - menggunakan pinjaman baru untuk mendanai pembayaran balon - dan meluangkan lebih banyak waktu untuk melunasi hutangnya.
Misalnya, beberapa pinjaman bisnis akan jatuh tempo beberapa tahun lagi, namun bisa dibiayai kembali menjadi hutang jangka panjang setelah bisnis itu terbentuk dan menunjukkan sejarah melakukan pembayaran tepat waktu.
