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And, they may not engage in the business of making commercial loans.
For example, the terms of a conventional commercial loan can be limiting.
Most commercial loans have fixed periods between 3 and 10 years.
"We are committed to make a difference in peoples' lives through our commercial loan programs."
You have written them commercial loans tied to the prime rate at no more than their say so.
The low rating makes it much harder to receive commercial loans.
But losses from bad consumer and commercial loans increased slightly.
Currently, the company has about $10 billion in commercial loans on its books.
The department backs commercial loans for countries too strapped to get bank credit on their own.
Event of default is a term used in commercial loan documentation.
For several years, it could pretty much choose the commercial loans it wanted to make.
The guarantees will enable Israel to get commercial loans at lower rates.
The credit union also provides business services, including checking, savings and commercial loans.
"You have a senior vice president with access to all commercial loan activities, and trust him.
Primarily the bank was established to provide agricultural and commercial loans to investors.
The American guarantees would make it easier and cheaper to raise commercial loans.
As defined in that act, a bank both offers checking accounts and makes commercial loans.
Commercial loan officers sometimes travel to other cities, especially for more complicated loans.
Ms. Scott also said that you would might be eligible to apply for commercial loan.
For example, during 1983, the company formed a commercial loan group to explore lending to small businesses.
Commercial loans and mortgages, he said, have accounted for most of Liberty's profits in the past.
"That would bring their reserves on their bad commercial loans to the level of other big banks."
Commercial loans generally use simple interest, but they may not always have a single interest rate over the life of the loan.
If it was a commercial loan it would have been arranged through the banks and not by the government.
The bank also provides personal and commercial loans, as well as leasing services.