From the AssetPad glossary.
A designated individual within or outside of an organization who is authorized to temporarily borrow assets or equipment for a specific period.

Examples can range from employees needing equipment for remote work to external partners requiring company assets for a project.

In AssetPad

Loanee-Asset Link: Assets can be assigned to a loanee, providing a clear record of asset allocation, and ensuring accountability for the borrowed assets. AssetPad allows for the setting of loan durations, helping to ensure that loaned assets are returned in a timely manner.

AssetPad simplifies asset lending processes, providing effective management of loaned assets, and enabling clear tracking and reporting