Commercial hard money is a term describing a commercial loan that is generally non bankable. The company usually does not meet the standard banking criteria, but has real estate and or assets that are sufficient to collateralize the loan to the investors/lenders.
Famous quotes containing the words commercial, hard and/or money:
“Electronic aids, particularly domestic computers, will help the inner migration, the opting out of reality. Reality is no longer going to be the stuff out there, but the stuff inside your head. It’s going to be commercial and nasty at the same time.”
—J.G. (James Graham)
“Some hard and dry book in a dead language, which you have found it impossible to read at home, but for which you still have a lingering regard, is the best to carry with you on a journey.”
—Henry David Thoreau (1817–1862)
“Black women ... work because their husbands can’t make enough money at their jobs to keep everything going.... They don’t go to work to find fulfillment, or adventure, or glamour and romance, like so many white women think they are doing. Black women work out of necessity.”
—Wilma Rudolph (1940–1994)