What is a Loaner?

A loaner is a person or entity that lends something, typically money, to another party. In other words, a loaner is the lender of a loan.

For example, if you want to buy a car but don't have enough money to pay for it, you might go to a bank and ask for a loan. The bank would then lend you the money you need to buy the car, and you would be responsible for repaying the loan with interest over time. In this case, the bank is the loaner.

Loaners can also be individuals or other organizations that lend money or other assets to others. For example, a private investor might lend money to a startup company, or a charitable organization might provide loans to low-income families to help them purchase a home.

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