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loan

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.
The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower.
The interest provides an incentive for the lender to engage in the loan. In a legal loan, each of these obligations and restrictions is enforced by contract, which can also place the borrower under additional restrictions known as loan covenants. Although this article focuses on monetary loans, in practice, any material object might be lent.
Acting as a provider of loans is one of the main activities of financial institutions such as banks and credit card companies. For other institutions, issuing of debt contracts such as bonds is a typical source of funding.

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  1. O

    Advanced learner loan

    Does anyone know anywhere in North West that does gas courses and provides Advanced Learner Loans. I found a place in Bolton and was registered but had an email today that they are not getting funding for the first quarter of 2019.
  2. D

    Advanced Learner loan

    Does anyone know any places that do the advanced learner loan for Gas? I can only see colleges and these look like they are 2 years full time, I am a plumber ( haven't the paperwork as i fit bathrooms ) so i could do with a learner loan for level 2 plumbing also.
  3. W

    New idea - boiler for loan

    I'm just in the process of building a rig I can loan out - an old external oil boiler mounted on a trolley with high temp hoses which I can loan to customers if their heating fails. Anyone else offer a similar service?
  4. T

    vans

    what vans to do guys drive as looking to upgrade mine thinking of either vauxhall vivaro or vw transporter any advice on these please
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  5. F

    New Entrants Plumb and Gas

    I'm surprised to see with the current work condition that people are still paying £1,000's of pounds for qualifications.:confused: Often these quals are only the tech certs which finish being in existence in a couple of months. They are being replaced because nobody in industry respects them...
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  6. J

    starting a career in plumbing from scratch...would love advice please!

    I am 51 and looking to re-train as a plumber, ideally with some kind of green credentials (solar heating, ground source heat pump installation, rain water harvesting, grey watyer recycling etc). I have come across New Career Skills and most recently ableskills.co.uk, the latter seem very...
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  7. D

    I've had enough

    Thanks for taking the time to read this and for putting up with my moaning but here I go..... I mainly do basic domestic plumbing. You know, pump replacements, new radiators, leaky taps etc. At the moment it is very difficult to know where the next job is coming from and I feel like jacking...
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  8. S

    Cars......

    Tired of customers saying "oh, I knew that was leaking". "yeah, that always leaked" So, I need a little bit of light relief......(no pun intended), What is your dream car or motorbike..... If money was no object and you had to buy a car what would it be....... What is the best car or...
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  9. L

    Football

    Come on now lads 1 week away from it :D who you shouting for?
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