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.
1 While loan is a long term arrangement between bank and the borrower and period of loan is between 3 years to 25 years whereas overdraft is usually for short period of time as agreed by the bank and borrower.oan and overdraft are the terms which are used in the context of banking where bank lend money to borrower at specified rate of interest.