medium-term loan

The Spanish term 'préstamo a medio plazo' translates to 'medium-term loan' in English. In the financial context, a medium-term loan is a type of loan that usually lasts from one to five years. It can be used to start a small business, for example. The repayment period of the loan, interest rates, and terms may vary based on the lending institution and borrower's creditworthiness. 'Préstamo a medio plazo' is exactly that - a loan agreement that is not meant to be short-term or long-term, but somewhere in between.

Example sentences using: préstamo a medio plazo

Necesito un préstamo a medio plazo para comprar un coche.

I need a medium-term loan to buy a car.

In this phrase, the speaker expresses the need for a loan that will be paid off over a medium duration to finance the purchase of a vehicle.

El banco ofrece un préstamo a medio plazo con tasas de interés competitivas.

The bank offers a medium-term loan with competitive interest rates.

Here, the sentence indicates that a bank provides a loan that can be repaid over several years, and highlights the favorable interest rates associated with it.

Para financiar la expansión del negocio, solicité un préstamo a medio plazo.

To finance the expansion of the business, I applied for a medium-term loan.

In this case, the speaker is looking to support their business growth by obtaining a loan that will be repaid in the medium term, indicating a strategic financial decision.