What kind of amortization does Froda offer?

Our business loan is an annuity loan where you can choose between daily and weekly repayments. Annuity means that each repayment is the same size, but the interest portion is higher at the beginning of the loan term, while the repayment portion is smaller.

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As you repay the loan, the interest portion of each repayment will decrease, while the principal portion will increase.

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Repayment of your business loan is then made automatically via direct debit during the term of the loan.