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Private loan means, “collectively, the loan or loans that is or are obtained by the Borrower from an Eligible Private Lender to prepay the Total Permitted Prepayment Amount, or the portion thereof which the Borrower has selected to , [31 CFR , Title 31-Money And Finance: Treasury; Subtitle A-Office Of The Secretary Of The Treasury; Part 25-Prepayment Of Foreign Military Sales Noun. 1. personal loan - a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay. consumer loan. loan - the temporary provision of money (usually at interest) auto loan, automobile loan, car loan - …1/8/2021 · You can apply for a private loan at any time and use the loan proceeds toward whichever expenses you wish, including tuition, room and board, books, …Loans by private companies A private company may be taken to pay a dividend to an entity at the end of the company'

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