Intro: How To Install An Electric Fence. For gardeners everywhere, the race to gather the harvest before animals do can be frustrating. Luckily, there is hope. Electric fences help provide a barrier around your garden ...
The long-term loan usually has a maturity of 3-10 years although long-term bank loans can stretch out as far as 20 years depending on its purpose.
Term loan is for a long period of time which may range from 1 year to 20 years whereas demand loan is for short period of time. Hence people who require funds for long period will go for term loan and those who require funds for short period of time will go for demand loan.