In the United States, the Federal Bank of New York is considered to be the lender of last resort. In world economics several international financial organizations are lenders to nations in dire economic straits.

financial & economic stability and lender-of-last-resort.

Katharina Stasch has written:

'Lender of last resort' -- subject(s): Monetary policy, International finance, Lenders of last resort, Bank failures, Banks and banking

it lends money to banks or anyother 'institution' in financial difficulty.

A Private hard money lender is what is considered to be a loan shark. This should be your very last resort in obtaining a loan. It is a very risky entitity to get involved with a loan shark.