Focus on the pronunciation of private lender
English definition of “private lender”
noun [C] FINANCE
› a person or organization that lends money to people who are having difficulty getting loans, usually at a higher rate than a bank would charge: Many people are turning to small private lenders when the bank turns them down for a loan.
› a private, not a government, organization that lends money: The Federal Housing Administration does not make loans; it provides mortgage insurance to borrowers through a network of private lenders.