Lender

RECENT NEWS
Clusterstock  3 hrs ago  Comment 
LONDON — Peer-to-peer lender Zopa saw revenues leap 60% higher last year as losses narrowed. The online lender's revenue rose from £20.6 million in 2015 to £33.2 million last year, accounts filed with Companies House this week show. At the...
Clusterstock  6 hrs ago  Comment 
LONDON – Shares in Provident Financial, a UK-based door-to-door lender, lost more than 74% of their value on Tuesday after the company cut its dividend, issued a profit warning, announced the resignation of its CEO, and announced the...
New York Times  Aug 21  Comment 
The lender, Prodigy Finance, said Monday that it had also secured a $200 million credit line from an undisclosed bank.
Financial Times  Aug 20  Comment 
Prodigy obtains debt and equity funding as it targets foreign postgraduate students
Wall Street Journal  Aug 16  Comment 
Subprime auto lender Credit Acceptance has run circles around short-sellers, but it shares are now looking expensive and vulnerable.
MarketWatch  Aug 10  Comment 
PayPal Holdings Inc. announced Thursday that it is acquiring small-business lender Swift Financial. The online lender's shares were down 2.8% in early afternoon trading. PayPal did not disclose the deal's terms and said the acquisition would...
Financial Times  Aug 3  Comment 
Japanese group’s $250m injection will help Kabbage to expand its platform
Wall Street Journal  Aug 1  Comment 
Subprime lender Credit Acceptance Corp. doesn’t offer many details on how its loans are performing.
Clusterstock  Jul 31  Comment 
LONDON — Peer-to-peer lender RateSetter announced on Monday that it has passed £2 billion in loans over its platform, with more than £1 billion of the total made since the beginning of 2016. Founded in 2010, RateSetter allows ordinary people...
Financial Times  Jul 31  Comment 
Hongling Capital to wind up business ahead of tightening of rules for $120bn industry




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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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