What kind of amortization does Froda have?

Our business loan is an annuity loan where you can choose between daily and weekly amortization. Annuity means that each repayment is equal but that the interest portion is higher at the beginning of the term of the loan, while the amortization portion is smaller. As you repay the loan, the interest portion of each repayment will decrease while the amortization portion instead increases. The repayment of your business loan is then made automatically via direct debit for the duration of the loan.