The following is from an article on community banks: “Their commercial-lending businesses, funded by their stable deposit bases, make them steady earners.” What is commercial lending? In what sense...

The following is from an article on community banks:

“Their commercial-lending businesses, funded by their

stable deposit bases, make them steady earners.” What is

commercial lending? In what sense are loans “funded” by

deposits?

Source: Karen Richardson, “Clean Books Bolster Traditional Lenders,”

Wall Street Journal, April 30, 2007.