A commercial lender would utilize business loan origination software to improve operational efficiency, reduce costs, automate compliance, and provide full visibility into even the most complex corporate loans across all business units and back-end systems.

A business loan is a loan specifically intended for business purposes. As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash advances and cash flow loans.