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    Industrial and industrial loan ( Simple Quick Loan)

    Industrial and industrial loan ( Simple Quick Loan)

    A commercial and commercial loan (C&I loan) is really a loan to a company rather
    than a loan for an individual consumer. These short-term loans might have an
    interest rate in line with the LIBOR rate or prime rate and therefore are secured by
    collateral owned through the business requesting the mortgage.

    According to SMB Agent, the main purpose of the C&I loan is in order to finance
    capital expenditures or provide working capital towards the borrower. A C&I mortgage
    is generally a short-term (1-2 year) credit line or term loan, guaranteed
    by collateral and income owned by the company requesting the loan.

    Debt service coverage requirements for any term or amortizing mortgage is
    generally 1. 1: 1, and is understood to be principal payments, plus curiosity
    expense, throughout one fiscal year analyzed on the 12-month trailing basis. ¹
    Commercial loans can be found in 48 states: They tend to be

    - Multi-Family Commercial Mortgage Programs
    - Mixed-Use Industrial Loan Programs
    - Workplace Commercial Loans.
    - Retail Spaces and Strip Departmental stores
    - Industrial Commercial Building².

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