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A form of contract financing for commercial items. This request typically refers to any item, other than real property, that is customarily used by the general public and has been sold (or offered to be), leased, or licensed to the general public. There are two types of Commercial Financing; namely, Commercial Advance Payments, which take place before any work is done on the contract, and Commercial Interim Payments, which involve financing payments after some work has been accomplished. |
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