the Urgent loan is given as the fixed sum for the certain period of time with the schedule of constants or variable payments monthly or quarterly. The urgent loan is used for financing of certain requirements, for example, equipment acquisitions. This loan is usually given for the term from two till seven years, but can be and longer terms, for example, at financing of buildings on the basis of commercial mortgages. Loan term should correspond to useful service life of got means. The borrower can usually choose between a constant and the variable rate of percent: the first is established for all period of the loan and, depending on prospects of rates of percent, can be more or less than prevailing market rates; the variable rate varies according to change of the base rate. Constant rates are more attractive during the periods of high and growing interest rates; They become unprofitable during the periods of long falling of interest rates. One more advantage of constant rates is that they provide regular and uniform payments which to plan in forecasts of movement of a cash easier.
