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Sagot :
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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