Benefits of a Term loan The borrower can tailor a loan to their specific needs through direct negotiation ith the lender Flexibility in terms of changing needs allows the borrower to revise the loan more quickly and more easily Term loan financing is more readily available over time making it a more dependable source of financing than say, the capital markets 21-521-5 Benefits of a Term Loan The borrower can tailor a loan to their specific needs through direct negotiation with the lender. Flexibility in terms of changing needs allows the borrower to revise the loan more quickly and more easily. Term loan financing is more readily available over time making it a more dependable source of financing than say, the capital markets