commercial finance

Definition

A secured business loan in which the borrower pledges as collateral any assets used in the conduct of his/her business. also called asset-based lending or asset-based finance.

Use commercial finance in a sentence

You should always try and make sure you are finding the best rate you can when looking for commercial finance.

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The commercial finance that John took out was very strict in its demands of him should he find it impossible to pay back the loan.

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One of the major investments tools available to big banks is the ability to offer commercial finance to businesses, especially newer ones just starting in the industry.

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