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Hard Loan
(redirected from Hard Loans)

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Hard Loan
A loan made in a foreign currency that is stronger than the domestic currency. For example, a Turkish company may loan money to a Syrian company in euros because the euro is a stronger currency than either the Turkish lira or the Syrian pound. A hard loan carries foreign-exchange risk, but this is considered an acceptable risk compared to making the loan in a weak currency. See also: Hard currency.


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They go on to detail the fact that billions of dollars of "soft" and hard loans from the likes of the World Bank and the IMF have neither rolled back killer diseases, increased education nor filled up gaping holes in infrastructure.
You can use a Specialty Provider, such as a Hard Lender specializing in Hard Loans.
 
 
 
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