Also Known As:
Confused with credit.
Examples:
The bank approved the small business loan for Acme Supplies to purchase new equipment.
Common Misspellings:
none
Related Resources:
Credit History Loan Resources Elsewhere on the Web:
State Bank Lending
Definition:
Money supplied to a business under terms such as a fixed repayment schedule at a certain interest rate.
Related Terms
• credit
• lender
• automated credit
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