   
|
|
Commercial Loan
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
A commercial loan is a loan borrowed by a company to pay for any of several financial needs. A commercial loan is short term, and it may be renewable once it matures. A commercial loan is used to finance working capital needs; that is, needs for operations and other current requirements of the business. A commercial loan can be borrowed from a bank or a credit union. The business' tangible assets are usually used as collateral to secure the loan. To qualify for a commercial loan, the business must be seen as a good credit risk. Commercial loan officers look at various financial and tax statements, plus a business plan, to determine how good a credit risk the business is.
Rate this commercial loan definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: annual return, inflation, deferred tax, margin rate, open position, command economy, diluted share, current ratio, Key Rate Duration, in escrow, labor relations, option premium, cancelled check, deferred revenue, FICO score, 1035 exchange, stock split, LIBOR, average price per share, class C shares, wholly-owned subsidiary, stock market close, irrevocable trust, liquidity ratio, ex-dividend date, balance sheet, limit order, risk management, ex-dividend, Zero Cost Collar, quality assurance, 1031 exchange, FTSE, covered put, implied volatility, dividends payable, real GDP, APR, debt service coverage, 144a, minority interest, phantom income, 401a, VIX, required rate of return, per diem, EBITDA, reverse mortgage, retained earnings
|
|
| |