float a loan

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float a loan

1. To receive a loan of money from someone or some institution. I had to float a loan to pay for the medical expenses. Thankfully they were able to float a loan and implement the repairs and upgrades the health inspector had demanded.
2. To give, or arrange for someone to give, a loan of money to someone else. In this usage, a noun or pronoun is used after "float." I'd be happy to float you a loan to help get your business off the ground. The house needs a lot of work, so they're looking around at creditors who might be willing to float them a loan.
See also: float, loan

float a loan

Fig. to get a loan of money; to arrange for a loan of money. I couldn't afford to pay cash for the car, so I floated a loan. They needed money, so they had to float a loan.
See also: float, loan