A private loan without bank is simply a financing obtained through a private investor or an individual lender and dedicated either to an individual or a business man without involving banks.
A private loan without bank is aiming to offer an alternative option of financing to funds seeker who are not able to obtain a credit approval from the banking sector.
Private loan without a bank is a financing that takes place between two private individuals without the intervention of the banks.
Loan without a private bank is a transaction in which an individual lends money to another individual borrower through the services of a bank.
Private borrowing without a bank is obviously normal since it is because a borrower wants to avoid a bank for financing that does it with a private lender.