Term loans issued by commercial banks are popularly used by financial institutions and large corporations because they typically carry lower interest rates than commercial paper.

Name: Term loans issued by commercial banks are popularly used by financial institutions and large corporations because they typically carry lower interest rates than commercial paper.
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Term loans typically carry higher interest rates than commercial paper because they are longer-term and involve more risk for the lender.

Term Loans Issued by Commercial Banks Are Popularly Used by Financial