Commercial and industrial loans (C & I lending) are loans to businesses rather than loans to individual consumers. These short-term loans may have interest rates based on LIBOR or prime rates and are secured by the collateral held by the business that requests the loan.
According to the SMB Advisor, the main objective of a C & I loan is to finance capital expenditures or provide working capital to the borrower. Loans C & amp; I is generally a short-term loan (1-2 years) or term loan, secured by collateral and cash flow owned by a business that requests a loan.
The terms of debt service coverage for a term loan or an amortization loan are generally 1.1: 1, and are defined as principal payments, plus interest expense, throughout a fiscal year that is analyzed on a 12 month trailing basis. Commercial loans are available in 48 countries: They are
- Multi-Family Commercial Loan Program
- Mixed-Commercial Loan Program
- Commercial Loan Office.
- Retail Space and Strip Shopping Malls
- Commercial Buildings Industry
Video Commercial and industrial loan
See also
- customized rate loans
Maps Commercial and industrial loan
References
Source of the article : Wikipedia
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