Commercial financing transaction definition

Commercial financing transaction means a business purpose transaction:
Commercial financing transaction means a commercial loan, accounts receivable purchase transaction, commercial open-end credit plan, or each to the extent the transaction is a business purpose transaction. As used in the definition of commercial financing transaction, the term “business purpose transaction” means a transaction the proceeds of which are provided to a business or are intended to be used to carry on a business and not for personal, family, or household purposes. For purposes of determining whether a transaction is a business purpose transaction, the provider may rely on any written statement of intended purpose signed by the business. The statement may be a separate statement or may be contained in an application, agreement, or other document signed by the business or the business owner.
Commercial financing transaction means a commercial

More Definitions of Commercial financing transaction

Commercial financing transaction means a commercial loan, an
Commercial financing transaction means a consummated commercial financing transaction for which a disclosure is provided in accordance with subsection (a) of Section 920 of Title 10 of the California Code of Regulations.
Commercial financing transaction means any commercial loan, accounts receivable purchase transaction and commercial open-end credit plan when the transaction is a business purpose transaction.
Commercial financing transaction means a commercial loan, an accounts receivable purchase transaction, or a commercial open-end credit plan to the extent the transaction is also a business purpose transaction. As used in this subsection, the term "business purpose transaction" means a transaction the proceeds of which are provided to a business or are intended to be used to carry on a business and not to be used for personal, family, or household purposes.
Commercial financing transaction means a commercial loan, an accounts receivable purchase transaction, or a commercial open -
Commercial financing transaction means a consummated commercial financing transaction for which a disclosure is provided in accordance with California Code of Regulations, title 10, section 920, subdivision (a).
Commercial financing transaction means any commercial loan,