Business Loan definition

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.
Business Loan means a loan to an individual or a group of
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.

Examples of Business Loan in a sentence

  • A Late Fee in the amount set forth in the accompanying Business Loan and Security Agreement Supplement if a scheduled payment is not received by Lender as provided in the payment schedule set forth in the accompanying Business Loan and Security Agreement Supplement.

  • Origination Fee: A one-time Origination Fee in the amount set forth in the accompanying Business Loan and Security Agreement Supplement.

  • Each Guarantor identified on the signature page of this Business Loan and Security Agreement shall be referred to individually as "Guarantor" and collectively as "Guarantors" in this Agreement.

  • Borrower may prepay Borrower's Loan in part on any Business day and such payment shall be applied against the Total Repayment Amount, any Returned Payment Fees, and any Late Fees, in each case as described in the accompanying Business Loan and Security Agreement Supplement.

  • In this Agreement, the words "you", "your" and "Borrower" mean the Borrower identified on the signature page of this Business Loan and Security Agreement.


More Definitions of Business Loan

Business Loan means a loan or extension of credit granted
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.
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;
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 and personal property, or unsecured term or revolving Loan to a commercial enterprise, including any Loan made in connection with the Small Business Administration’s loan guaranty program.
Business Loan means a loan which is granted to undertakings in order to finance their enterprise-related expenses;
Business Loan means a loan to a Customer as set out in an Agreement.
Business Loan means any NAB Business Lending Product other than any Business Overdraft or any NAB Invoice Finance Facility.