Master Loan Agreement Meaning

However, there are different subdivisions within these two categories, such as interest loans and balloon loans. It is also possible to sub-note whether the loan is a secured loan or an unsecured loan and whether the interest rate is fixed or variable. For commercial banks and large financial firms, «credit agreements» are generally not categorized, although credit portfolios are often roughly divided into «personal» and «commercial» credits, while the «commercial» category is then divided into «industrial» and «commercial» credits. «Industrial» credits are those that depend on the cash flow and solvency of the company and the widgets or services it sells. «Commercial real estate» loans are those that repay loans, but this depends on the rental income paid by tenants who rent land, usually for long periods. There are more detailed categorizations of credit portfolios, but these are still variations around the broad themes…