Last updated: 2019-09-22
Source: https://support.freshservice.com/support/solutions/articles/50000000594-what-is-a-loaner-item-
These are temporary items which can be requested by a user for a specific period of time. These items are tied to assets marked as ‘usage type : temporary’ in your inventory.
Loaner items are subject to availability. If the item is not available in the inventory for the requested time slot, the request cannot be placed.