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

Examples of Commercial loan in a sentence

  • This Agreement, including the Disbursement Service Product Schedule and the Commercial Loan Agreements, expresses the entire understanding and agreement of the Parties concerning the subject matter hereof, and supersedes all prior agreements, understandings, arrangements, or commitments with respect to such subject matter.


More Definitions of Commercial loan

Commercial loan means a loan to a business, whether secured or unsecured.
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, in respect of an insurer,
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 to a business, regardless of whether the loan is secured.
Commercial loan means a loan that is not made primarily for personal, family, or household purposes.
Commercial loan means a loan to a business, whether