Business loan definition

Business loan means a loan or ex- tension of credit to any corporation, general or limited partnership, busi- ness trust, joint venture, pool, syn- dicate, sole proprietorship, or other business entity.
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Business loan means a loan or other extension of credit to any cor- poration, general or limited partner- ship, business trust, joint venture, sole proprietorship, or other business entity (including entities and individuals en- gaged in farming enterprises).
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Business loan means a term or revolving Loan to a commercial enterprise secured by personal property or a mixture of real and personal property, or unsecured.
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Examples of Business loan in a sentence

  • Business loan protection- would your business be able to repay outstanding borrowings such as a loan or commercial mortgage?• Over half of businesses have some form of borrowing, increasing over time and averaging £175,000.• The most common types of borrowing over £50,000 are business loans, overdrafts and directors’ loan accounts.• 17% have never thought about it.• 28% did not know a Directors Loan Account needs to be repaid.

  • Business loan repayments were also higher, with its growth outpacing that of disbursements.

  • Business loan contracts, which are detailed agreements designed to incentivise borrowers to behave in accordance with loan terms, may include a variety of performance measurements, as well as rewards and penalties based on the firm's performance over time.

  • Business loan growth moderated to 4.3% (4Q 2021: 4.8%), reflecting lower growth in outstanding working capital loans amid continued high repayments growth.

  • A personal guarantor is required on EVERY MSU Denver Small Business loan, even if no one individually owns more than 20%.


More Definitions of Business loan

Business loan means a loan to an individual or a group of
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Business loan means a loan or extension of credit granted to a business entity that: (a) Is owned and operated by a service member, in which the service member is either (i) a sole proprietor, or (ii) the owner of at least fifty percent of the entity; and (b) experiences a material reduction in revenue due to the service member's military service.
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Business loan means a loan to an individual or a group of individuals, the proceeds of which are to be used in a business or for the purpose of acquiring an interest in a business. The term shall also include a loan to a trust, estate, cooperative, association, or limited or general partnership;
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Business loan means a loan which is granted to undertakings in order to finance their enterprise-related expenses;
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Business loan means a loan for business, investment,
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Business loan means a loan to a Customer as set out in an Agreement.
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Business loan means a term or revolving Loan to a commercial enterprise secured by personal property, real property, accounts receivable or a mixture of real property, personal property and accounts receivable, or unsecured.
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