Lender

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Clusterstock  Sep 16  Comment 
If you're a New Yorker who's into Donald Trump's preferred big and shiny aesthetic, this may be a sad moment for you. The lender in Trump Soho, the hotel Trump unveiled on his show The Apprentice, has decided to foreclose on the property,...
The Straits Times  Sep 15  Comment 
September 16, 2014 1:17 AM AN EXTENDED trading halt for Fung Choi Media has morphed into a longer suspension, with the firm locked in a dispute with a lender over whether it had defaulted on a payment.
TechCrunch  Sep 9  Comment 
 The credit system in America isn’t great. It’s hard for people to establish and rehabilitate their standing inside of it. Today at the Disrupt Startup Battlefield, Self Lender launched its consumer finance service to help people with limited...
DailyFinance  Sep 2  Comment 
CALGARY, ALBERTA -- (Marketwired) -- 09/02/14 -- Calmena Energy Services Inc. (TSX:CEZ) ("Calmena" or the "Company") announces an update on the status of its senior credit facilities ("Credit Facilities"). As previously announced, Calmena and its...
New York Times  Aug 21  Comment 
AvantCredit, which makes loans to consumers using its own capital, has secured a $200 million credit facility led by the investment bank Jefferies.
New York Times  Aug 21  Comment 
First Investors Financial Services Group is accused of giving credit reporting agencies flawed data about thousands of car buyers.




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Lender

Lets someone use something that belongs to them with the intention of getting it back. Lending gives the borrower greater flexibility in dealing with temporary fluctuations in cash flow. One who lends. [1]

Lending and borrowing are basically about smoothing out the flow of cash into and out of a persons budget. A lender receives interest on the principal that he lends, and the borrower pays back more than they receive. The lender gets paid for giving up the use of the money for a time, and must also be compensated for the risk of delayed or non-repayment of the principal by the borrower.

  • Neither a borrower nor a lender be;
  • For loan oft loses both itself and friend,
  • And borrowing dulls the edge of husbandry.
    • William Shakespeare ~ Hamlet [2]

From to lend, be surety for, pledge, to hide, protect. Apparently on the notion of collateral deposited as security for something borrowed. [3] Bury, to raise a mound, hide, bury, to shelter, protection, shelter, to save, preserve. [4]

References

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