Lending institution means any bank, savings and loan or credit union.
Keeping this in view, is a lending institution a bank?
A lending institution is any type of financial organization or institution that provides loans to borrowers. A lending institution is any type of financial organization or institution that provides loans to borrowers. … One of the more common examples of a lending institution is a bank.
People also ask, what is fund lending?
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient (i.e., the borrower) incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.