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:
“The home is a woman’s natural background.... From the beginning I tried to have the policy of the store reflect as nearly as it was possible in the commercial world, those standards of comfort and grace which are apparent in a lovely home.”
—Hortense Odlum (1892–?)
“Woman and fool are two hard things to hit,
For true no-meaning puzzles more than wit.”
—Alexander Pope (1688–1744)
“I know the ice in your drink is senile.
I know your smile will develop a boil.
You know only that you are on top,
swinging like children on the money swing....”
—Anne Sexton (1928–1974)