Who is a Lender?
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Lined Circle
Navinchandra Rao has given loan to Gurcharan and Gurcharan is unable to repay this loan
Navinchandra Rao
Lender
banks, individuals, or financial institutions are lenders.
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Lenders also give loans to start-ups or small businesses. Before granting the loan to the borrower, a lender checks the credit history of the borrower.
Types of Lenders
There are two basic types of lenders.
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