i Register
In some senses, loaner is marked as informal. Watch for register when choosing this word.
noun
One who loans; a lender.
Something that is given as a loan.
I am driving a loaner while my car is in the shop.
It took a few days to get the prescription for wheelchair repairs approved before the parts could be ordered. In the meantime, the company I was dealing with gave me a loaner chair until mine was returned to me.