A commercial loan is a type of financing solution that businesses can use to fund capital expenditures or other business-related expenses. This type of loan is typically offered by banks or other financial institutions and may be secured or unsecured, depending on the lender’s requirements.

Commercial loans are often used to purchase or refinance commercial properties, invest in equipment or machinery, or to cover short-term working capital needs. Commercial loans are typically secured with a type of collateral, such as a commercial property that acts as a guarantee for the lender.

The repayment period and interest rates for commercial loans can vary depending on the lender, the type of loan, and the creditworthiness of the borrower.