Lender
In aviation, a lender refers to a financial institution or an individual who provides funds to an airline or an aircraft owner for the purpose of purchasing or leasing an aircraft. The lender may require collateral, such as the aircraft itself, to secure the loan. The terms of the loan, including interest rates and repayment schedules, are negotiated between the lender and the borrower. Lenders play a crucial role in the aviation industry as they provide the necessary capital for airlines and aircraft owners to acquire and maintain their fleets.
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