What is a Commercial Loan?
A commercial loan is a loan that can only be applied to a business. The loan is only for the company and cannot be used for personal gain. An example of a non-commercial loan is a Student Loan.
What loans do we offer?
We offer 7(a) Loans. A 7(a) is used for
- Short- and long-term working capital
- Refinance current business debt
- Purchase furniture, fixtures, and supplies