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(See commercial loan definition.) These loans may be secured or unsecured, and may have a short or long-term maturity. Such loans include commercial real estate loans, as well as commercial and industrial loans (examples include term business loans, working capital lines of credit, and others).
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Speaking specifically about the Peninsula, she said people often come to the Peninsula and find they like the lifestyle, but they need a job and sometimes try to buy one by getting a commercial loan.
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(Reuters) – Wells Fargo & Co <WFC.N> has laid off more than 200 bankers in its U.S. lending divisions in recent months, as.
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total loans at commercial banks have fallen at a 19% annual rate over the past three months, while loans to businesses have dropped at a 28% annualized pace. Last autumn, bank lending temporarily.
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