Business, Legal & Accounting Glossary
A loan that a lender will retain on its books instead of selling it off to another financial institution or to individual investors at a discount. Some borrowers may prefer balance sheet loans because they would rather deal with the original lender in the event that a problem may develop during the course of the life of the loan.
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This glossary post was last updated: 20th November, 2021 | 2 Views.