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Flat Loan

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Flat Loan
A loan without interest. Investors who borrow securities for short sales often provide flat loans to lenders as collateral for borrowed securities. Personal loans are also commonly flat loans. In Islamic finance, flat loans are the only loans directly allowed.

flat loan
A loan without interest to the lender. A firm lending securities for a short sale is often compensated by the borrowing firm with a flat loan. Thus, the lending firm has use of the funds without charge.


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The main difference between a HEL and a HELOC be found in the type of credit they provide - one is similar to a revolving type of credit, the other is a flat loan.
Klimas said the flattening yield curve put pressure on the net interest margin which, combined with flat loan growth, resulted in a decline in net interest income.
We expect to have flat loan growth during the first half of 2005 as we refocus our credit culture in combination with our normal seasonality," said Mr.
 
 
 
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