commercial lender

Definition

Financial entity that provides cash to a commercial borrower for a period of time with fixed or variable rate of interest. The lender has little security that the loan will be repaid other than an agreement from the company to repay the funds. A commercial lender will evaluate the company's financial records to establish if the borrower is financially stable to repay the funds.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Regulation G asset-based lenders