Commercial Lender (U.S.)
In the United States a commercial lender offers loans backed by hard collateral. In most cases this is real estate, but it can also include factoring, non-conforming assets, or other sources of collateral.
Read more about Commercial Lender (U.S.): Commercial Lending Practices, Costs of Commercial Lenders, Commercial Lending Industry
Famous quotes containing the word commercial:
“There is every reason to rejoice with those self-styled prophets of commercial disaster, those harbingers of gloom,
Over the imminent lateness of the denouement that, advancing slowly, never arrives,
At the same time keeping the door open to a tongue-in-cheek attitude on the part of the perpetrators....”
—John Ashbery (b. 1927)