Quote Originally Posted by ArcSine View Post
I just used 15 as an arbitrary example. Sorry for not clarifying that. Actually, commercial notes come in various maturities, as do all types and classes of loans. I've seen 7-year terms, 10s, 15s, and everything in between. The maturity (and other terms) an institution is willing to offer is somewhat idiosyncratic, depending on the bank's own experience and focus, the nature of the underlying collateral, and so on.

I was just pointing out some of the rationale for why commercial paper tends to have shorter maturities than residential paper, on average.
Oh, I see. Do you think the same terms will apply if I buy the business premises in my own name?