Lending your balance sheet?

[Loni Anderson]

I just heard about using someone else's balance sheet to qualify for a loan (they told the bank it was one of their partners but it wasn't). The idea from what I understood is that the (borrowed) balance sheet shows the bank credit worthiness. They paid to borrow the balance sheet though didn't partner with the balance sheet owner in the deal. Anyone heard of this? If it's doable I'd like to know the mechanics of it.