> Unlike residential mortgages, corporate loans are not fixed interest rates. They are all adjustable. What in 2020 seems financially sound, becomes impossible a few years later.

> I can't imagine how other companies do this, do you just make sure your business can handle 12% interest rates just incase a politician decides to give away free money for a few years?

There's probably a larger area of acceptable risk to take for a business loan vs a personal loan, IMHO; but if it's a business loan that you're also personally liable for, that's different. Businesses fail all of the time, and it's acceptable. You also have to consider what leverage the borrower has against the lender. If your business can't pay the loan, will the lender be able to find a buyer if they foreclose? If not, they may be likely to let a default slide. I've heard many stories of commercial landlords that let businesses stay rent-free for years because they couldn't attract a new tenant for the space, and it was better to have it occupied and active than empty. I've never heard of residential landlords letting tenants stay for years rent free unless required to or some other special circumstance.