The phrase "to lend the funds" means to provide money to someone temporarily, with the expectation that it will be paid back in the future. Full definition
The big banks typically do not lend funds to help customers make repayment to these institutions. (mymortgageline.ca)
The system efficiently allows traders to secure trading funds, and also take advantage of the lending feature to gain from lending funds out to other traders. (coinbureau.com)
The federal funds rate is the interest rate at which banks lend funds to each other overnight to maintain legally required reserves. (cfs4me.com)