Commercial loan


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Commercial loan

A short-term loan, typically 90 days, used by a company to finance seasonal working capital needs.

Commercial Loan

A loan made to a business to finance capital expenditures. "Commercial loan" is a fairly broad term, covering revolving lines of credit, as well as long and short-term debt. In any case, a commercial loan is made by a bank and is used to pay for expenses that the business, especially a small business, might not otherwise be able to afford.
References in periodicals archive ?
6m in commercial loan commitments, of which USD150.
Confirms Its Commitment to Keeping Input Simple (in) Commercial Loans with the Launch of Its Online Commercial Real Estate Analysis Tools
3bn in commercial loan commitments, of which approximately USD 800m is currently outstanding.
The commercial loan portfolio is primarily made up of asset based, commercial real estate and equipment finance loans and leases.
CIT Group Inc (NYSE:CIT), a provider of financing and advisory services, revealed on Wednesday that it has signed an agreement for its US commercial bank subsidiary to acquire a commercial loan portfolio from Flagstar Bank (FSB), a wholly-owned subsidiary of Flagstar Bancorp Inc (NYSE:FBC).
TO) has announced that it has named a commercial loan officer for Columbia.
that a consortium of trade organizations, including NAR, and leading financial institutions is being formed to support the development of a national data base containing information on commercial loans.
Most recently, she served as Senior Vice President/Residential/Commercial Lending with First Trade Union Bank in Boston where she was responsible for managing residential and commercial loan portfolios.
SAN DIEGO -- On October 26th and 27th, leaders within the commercial loan recovery industry gathered in San Diego at the annual Trigild Lender Conference to discuss the latest trends in bankruptcy, receivership, loan workouts, and the future of commercial loan recovery.
Prior to joining FICS, Graham served as 1st vice president of Residential and Commercial Loan Servicing and Origination for San Antonio Federal Credit Union (SACU), where she successfully managed the residential servicing department, the commercial loan servicing department and the home equity and home improvement lending departments.
Wastila as a vice president and commercial loan officer.
The bank began installing the software across its 43 branches in March to help strengthen its small business portfolio and shift the application entry of such loans from the commercial loan department to its branch managers and customer service representatives.

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