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A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

👋 Meet Zolid AI

Here to support your company's exit journey — Zolid AI can answer questions and provide insights. Free for now, with fair usage limits.

Your conversations are not shared with others. We may review them to improve Zolid AI.

Ask me anything

Zolid AI may provide inaccurate info, so verify responses.

Definition of Commercial Term Loan on The Grid Glossary

Commercial Term Loan

Published on 2024-07-22 | Last edited on 2024-09-08

Definition

A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank.