How is Lending Partner defined in a legal contract?
- Lending Partner means entities that are regulated, registered and authorized by the Reserve Bank of India (RBI) to provide loans and credit facilities to users on a platform. Seen in 1 SEC filing.
- Lending Partner means non-banking financial organizations or banks that the company collaborates with to offer financing facilities to users. These entities approve, process, and grant the financial facility to users through the platform. Seen in 1 SEC filing.
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of lending partner' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Lending Partner means regulated entities authorized by [governing financial authority] to provide loans and credit facilities to users on a platform.
Relevant Contract Types
Relevant Circumstances
- When a loan or credit is taken out by an individual or business.
- When a business is seeking a financial partnership with a regulated entity.
- When a business enters into a debt restructuring plan.
Relevant Sectors
Genie Definition 2
- Lending Partner means collaborating financial organizations that sanction and process financial facilities for users on a platform.
Relevant Contract Types
Relevant Circumstances
- When a business seeks partnership with a bank or a non-banking financial company for financing.
- When a start-up is seeking capital funding from financial institutions.
Relevant Sectors
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Lending Partner means regulated entities authorized by [governing financial authority] to provide loans and credit facilities to users on a platform.
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