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local loan

noun

  1. (in Britain) a loan issued by a local government authority
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

We had a one-on-one with a local loan officer which boiled down to: Yeah, we’re good for it, but it’s not going to happen.

From Slate

Sellers’ agents may prefer local loan officers they know and trust to finish the closing process quickly.

For decades, the department’s Farm Service Agency had relied on local loan authorities in its oftentimes all-white county committees to make loan decisions.

The bill also has $1.5 billion in assistance to help rebuild manufacturing supply chains and to provide capital to local loan funds for economic recovery.

Word on the street was that the owner got in over his head to a local loan shark and fled town.

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