The phrase references the act of seeking convenient, local resources related to lending or borrowing financial capital. For example, an individual needing a short-term loan might use online search engines with location services enabled to find nearby lenders.
Accessibility to financial assistance within a community offers potential advantages, including expedited transaction times and the possibility of personalized service. Historically, local lending played a significant role in community development and individual economic empowerment by fostering trust and direct relationships between lenders and borrowers.
