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Industrial Loan Companies Canada

A C&I loan is a staple product of commercial banks and provides financing for commercial and industrial purposes. This loan is typically made to corporations, sole proprietorship, partnerships, and other business enterprises that are a going concern.  The rate of this loan is based on the individual lenders’ rate or prime rate. The main purpose of a C&I loan is to finance capital expenditures or provide working capital to the borrower.

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