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Old 11th May 2019, 01:46 PM   #1
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Join Date: May 2010
Location: Detroit, MI
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Default 5 Commonly Used Commercial Loan Options Explained

Commercial loans are simply debt funding which is used for a variety of business purposes. This includes the development of real estate, to purchase equipment for business operations or to add to available working capital. These types of loans are available from both banking institutions and specialist lenders that focus on providing financing for businesses while eschewing retail banking entirely.

Lending for business purposes takes on a number of forms. This is partly due to the size of the loans which far exceed that of personal loans for individuals to purchase a car or renovate a kitchen. As such, commercial loans run the gamut in type and size with terms varying for larger deals to suit both the lender and the borrower.

In this article, we run through five of the best types of commercial loans available to clear up the main differences between them.

Read more - http://www.smallbizviewpoints.com/20...ons-explained/

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