Business Loan
From Open Risk Manual
Revision as of 15:07, 22 March 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == A '''Business Loan''' is a Loan and/or Line of Credit for general corporate purposes (i.e., with unknown use of proceeds) to businesses, nonprofits, a...")
Definition
A Business Loan is a Loan and/or Line of Credit for general corporate purposes (i.e., with unknown use of proceeds) to businesses, nonprofits, and any other structure of organization that are not traded on a market and are on the balance sheet of the financial institution.
