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Commercial loan

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
Commercial loan
A short-term loan, typically 90 days, used by a company to finance seasonal working capital needs.


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Kenny, commercial loan officer has been promoted to assistant vice president.
The proposed guidance would replace the current commercial loan classification system categories--"special mention," "substandard," and "doubtful"--with a two-dimensional framework.
To be purchased are Transamerica units that provide distribution financing for manufacturers and dealers of industrial, consumer and recreational products and leasing and commercial loan financing for equipment, real estate and international finance.
 
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