Question

what is the purpose of commercial loan support in a typical commercial bank? a. to create a consistent and steady stream of cash flow for loan repayment b. to provide adequate capital to run the borrowing business c. to ensure that loan terms and conditions are protected d. to control conditions

Answer 1

The goal of commercial loan assistance in a normal commercial bank is to give the borrowing company enough capital to operate.

What distinguishes a commercial loan from a company loan?

Although theoretically speaking the word "commercial loan" can refer to any loan given to a firm, lenders sometimes use this term to refer to larger loans given to small and large companies. Loans for small businesses are frequently for smaller sums.

Is obtaining a commercial loan simpler?

These loans are typically provided by private businesses and frequently require larger down payments. Compared to a conventional mortgage, the loan is quicker to obtain and easier to qualify for.

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