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commercial lender

   Also found in: Wikipedia 0.01 sec.
commercial lender

An entity that routinely loans money as part of its core business.Contrast with a seller who loans money as part of a real estate transaction, or private investors who loan money sporadically as a good opportunity presents itself.



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For example, Fleet, a primary commercial lender in the metropolitan-NY area is now Bank of America (Charlotte, N.
Lee was previously a commercial lender at Manufacturers Bank in Los Angeles and Yu was branch manager at Bank of the West in Alhambra.
``We had about 60 shareholders that showed up for the meeting,'' said president Jim Hicken, who opened the commercial lender last October.
 
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