You've got to admire the Tories for sheer bare-faced cheek. Iain Dale, aspirant Tory MP, clears the Tories of any sleaze in the loans row, because they've named the people who made loans... and none of them have been nominated for honours. All well and good... except they haven't, actually done that. They have paid back some of the scoundrels to avoid telling us who they are. Highly dubious, eh?.
Also, if these people make loans on commercial terms... why not borrow from a commercial source?