0 a person or organization that lends money to people who are having difficulty getting loans, usually at a higher rate than a bank would charge:
Many people are turning to small private lenders when the bank turns them down for a loan.
1 a private, not a government, organization that lends money:
The Federal Housing Administration does not make loans; it provides mortgage insurance to borrowers through a network of private lenders.
NYA ORD
European
May 10, 2021
DAGENS ORD
Shimmer
private lender