Commercial loan definition

Commercial loan means a loan that is not made primarily for

Commercial loan means a loan or extension of credit that is

Commercial loan means a loan to a business, whether secured or unsecured.

Examples of Commercial loan in a sentence

• Commercial loan" means a loan to a person, regardless of the nature of any property securing such loan, the proceeds of which are used for business or industrial purposes and not primarily for personal, family or household purposes.[PL 1975, c.

• Commercial loan products include residential and commercial real estate construction loans; working capital loans and lines of credit; demand, term and time loans; and equipment, inventory and accounts receivable financing.

• Commercial loan categories include C&I, CRE, construction real estate and lease financing.

• Commercial loan" means a loan to a person, regardless of the nature of any property securing such loan, the proceeds of which are used for business or industrial purposes and not primarily for personal, family or household purposes.[ 1975, c.

• Commercial loan categories include commercial and industrial (commercial), commercial real estate, construction real estate and lease financing.

More Definitions of Commercial loan

Commercial loan means any loan described in 9 V.S.A. § 46(1), (2), or (3).

Commercial loan means a loan that is not made primarily for personal, family, or household purposes.

Commercial loan means a loan or extension of credit that is described in 9 V.S.A. § 46(1), (2), or (4). The term does not include a loan or extension of credit secured in whole or in part by an owner-occupied, one- to four-unit dwelling.

Commercial loan means a loan or an extension of credit to an individual, sole proprietorship, partnership, corporation, or business enterprise for commercial, industrial, agricultural, or professional purposes, including construction and development loans, any unfunded commitments, and any interest a credit union obtains in such loans made by another lender. A commercial loan does not include a loan made for personal expenditure purposes; a loan made by a corporate credit union; a loan made by a credit union to a federally insured credit union; a loan made by a credit union to a credit union service organization; a loan secured by a 1- to 4-family residential property (whether or not the residential property is the borrower’s primary residence); a loan fully secured by shares in the credit union making the extension of credit or deposits in another financial institution; a loan secured by a vehicle manufactured for household use; and a loan that would otherwise meet the definition of commercial loan and which, when the aggregate outstanding balance plus unfunded commitments less any portion secured by shares in the credit union to a borrower, is equal to less than $50,000.

Commercial loan means a loan to a business, regardless of whether the loan is secured.

Commercial loan means, in respect of an insurer,

Commercial loan means any loan or extension of credit that is described in subdivision 46(1), (2), or (4) of Title 9 and that is in excess of