take out a loan

take out a loan

To receive a loan of money from creditors or a financial institution. I had to take out a loan to pay for the medical expenses. Thankfully they were able to take out a loan and implement the repairs and upgrades the health inspector had demanded.
See also: loan, out, take
Farlex Dictionary of Idioms.

take out a loan

to get a loan of money, especially from a bank. Mary took out a loan to buy a car. We will have to take out a loan to remodel the kitchen.
See also: loan, out, take
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs.
See also:
  • float a loan
  • loan
  • default on
  • default on (something)
  • absolutely not
  • Absolutely not!
  • good accounting makes good friends
  • pay back
  • enough to keep body and soul together
  • keep body and soul together, to