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Floor loan - Definition |
| Related Words: Agora, Amphitheater, Answer, Arena, Asphalt, Auditorium, Background, Balcony, Band, Base, Basement, Basin, Basis, Beat, Bed, Bedding, Bedrock |
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Floor Loan is mostly associated with Mortgage and Property Loans.
It is the minimum amount of money a lender is willing to provide on a commercial loan for a building that is to be tenant occupied. This loan is progressively funded as the building is constructed and occupied.
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