You would not be wrong if you interchange loan and lend—they do in fact mean the same thing in most instance. The words loan and loaned are the present and past tenses of to loan. Lend and lent are the present and past tenses of to lend. As verbs, loan and lend are often used interchangeably.

Is Lent past tense of lend?

Lent is usually the past tense of the verb “lend” (meaning “loan something”).

When did loan become a verb?

The verb 'loan' entered English in the early 1300s. So why do some people insist that the only correct verb is 'lend'? It is true that loan was originally a noun to refer to a gift or a grant by someone in a better position than the recipient. This loan came into English in the 1200s.