
Private Lending Institutions
Private lending institutions are non-bank organizations that provide loans to individuals, businesses, or investors outside of traditional banks. They often offer financing for real estate, small businesses, or investments, typically with different terms and qualification criteria than banks. These institutions may be more flexible in lending criteria, but they might also charge higher interest rates to compensate for increased risk. They play an important role by filling gaps where banks may not lend, providing quick access to capital for various financial needs.