extend loans

USAGE SUMMARY

The phrase "extend loans" is correct and usable in written English.
It can be used in financial contexts when referring to the act of providing loans to individuals or businesses. Example: "The bank decided to extend loans to small businesses affected by the economic downturn."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Where possible, owners are trying to extend loans.

The New York Times

For those cut off from the markets, it can extend loans.

The Economist

It will extend loans of $700m to improve Sri Lanka's railways.

The Economist

A lot of forced sales will cause asset prices to fall and make creditors even less willing to extend loans.

The Economist

European banks need this money, in dollars, to extend loans to American companies and to pay their own debts.

The New York Times

A new $200 billion facility will extend loans to holders of highly rated securities related to consumer-debt.

The Economist

A less drastic reform would allow the fund to extend loans to wayward countries, but at a higher interest rate.

The New York Times

(Indeed, commercial banks, apparently having recognized their error, have now begun to extend loans to the poor).

The New York Times - Magazine

Banks are also less likely to extend loans because they need to hold more capital on their books.

The New York Times

"We'll help lower mortgage costs and extend loans to small businesses so they can create jobs," Mr. Obama said.

The New York Times

Extra cash is put in banks, which in turn extend loans to finance long-term investments in the community.

The New Yorker

Expert writing Tips

Best practice

When discussing financial strategies, specify the type of "extend loans" activity. For instance, clarify whether you are referring to extending the repayment period, increasing the loan amount, or offering new loans to a broader audience.

Common error

Avoid using "extend loans" without clarifying the terms. Ambiguity can lead to misunderstanding. Provide details such as interest rates, repayment schedules, and eligibility criteria to ensure clarity.

Linguistic Context

The phrase "extend loans" functions primarily as a verb phrase. It describes the action of offering new loans or modifying existing loan agreements, as evidenced by the numerous examples in Ludwig.

Expression frequency: Very common

Frequent in

News & Media

65%

Formal & Business

25%

Academia

5%

Less common in

Science

3%

Encyclopedias

1%

Reference

1%

Ludwig's WRAP-UP

The phrase "extend loans" is a grammatically sound and commonly used verb phrase that describes the act of providing or prolonging loan agreements. As confirmed by Ludwig, it appears most frequently in news and business contexts, maintaining a neutral to professional tone. It's important to specify the loan conditions to avoid ambiguity. Related phrases include "provide loans" and "offer credit", which offer subtle differences in meaning. Understanding the context and intended message ensures effective communication when using or interpreting this phrase.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

provide loans

Focuses on the act of supplying loans, rather than lengthening or increasing their availability.

offer credit

Emphasizes the availability of credit facilities, which might not always be in the form of traditional loans.

grant loans

Implies a formal approval process and bestowal of loans.

advance funds

Highlights the act of providing money in advance, which can include loans but also other forms of financial support.

supply financing

A broader term that encompasses various methods of financial support, not exclusively loans.

increase lending

Specifically refers to boosting the overall volume of loans issued.

expand credit lines

Focuses on increasing the amount of credit available to borrowers.

prolong loan terms

Concentrates on lengthening the duration of existing loans.

refinance debt

Involves replacing existing debt with new debt, often with different terms.

restructure financing

Implies a significant alteration of the existing financing arrangement, which may include loans.

FAQs

How can I use "extend loans" in a sentence?

You can use "extend loans" to describe the act of offering or prolonging loan agreements. For example, "The bank decided to extend loans to small businesses to help them recover from the crisis."

What does it mean to "extend loans"?

To "extend loans" means to offer new loans, increase the amount of existing loans, or prolong the repayment terms of current loans. The specific meaning depends on the context.

What can I say instead of "extend loans"?

You can use alternatives like "provide loans", "offer credit", or "grant loans" depending on the context.

Which is correct, "extend loans" or "extending loans"?

"Extend loans" is used as a verb phrase, while "extending loans" is a gerund or present participle. Both are correct, but they function differently in a sentence. For example, "The bank will extend loans" versus "Extending loans is part of the bank's strategy."