What are commercial loans? - 0 views
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James Hudson on 21 Nov 13Commercial loans are basically business loans that a bank or a financial institute provides to start or fund an existing business. Just to be more clear, here is one definition I found while Googling; Commercial loans are usually for a short-term (from 30 days to one year), secured (backed by a collateral) or unsecured, and are often advanced for financing equipment, machinery, or inventory.