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.
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).
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.

Examples of Business loan in a sentence

  • The word "Agreement" means this Business Loan Agreement, as this Business Loan Agreement may be amended or modified from time to time, together with all exhibits and schedules attached to this Business Loan Agreement from time to time.

  • The word “Agreement” means this Business Loan Agreement, as this Business Loan Agreement may be amended or modified from time to time, together with all exhibits and schedules attached to this Business Loan Agreement from time to time.

  • The word "Agreement" means this Business Loan Agreement (Asset Based), as this Business Loan Agreement (Asset Based) may be amended or modified from time to time, together with all exhibits and schedules attached to this Business Loan Agreement (Asset Based) from time to time.

  • The word “Agreement” means this Business Loan Agreement (Asset Based), as this Business Loan Agreement (Asset Based) may be amended or modified from time to time, together with all exhibits and schedules attached to this Business Loan Agreement (Asset Based) from time to time.

  • The proceeds of the requested Loan may solely be used for the specific purposes as set forth in the Use of Proceeds Certification of the Business Loan and Security Agreement.


More Definitions of Business loan

Business loan means a loan to an individual or a group of
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 loan which is granted to undertakings in order to finance their enterprise-related expenses;
Business loan means a loan for business, investment,
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.