Commercial lending refers to the process of providing financial assistance to businesses to help them finance various expenses, such as purchasing equipment, expanding operations, or managing day-to-day expenses. In Ontario, commercial lending is typically offered by banks and other financial institutions, as well as by alternative lenders, such as private mortgage lenders or mortgage investment corporations.

To be eligible for commercial lending, a business must typically have a good credit score and a strong financial history, and must be able to demonstrate its ability to repay the loan. Businesses may also be required to provide collateral, such as equipment or real estate, to secure the loan.

There are several types of commercial lending products available in Ontario, including term loans, lines of credit, and invoice financing. These products differ in terms of the amount of money borrowed, the repayment terms, and the interest rates and fees charged.