Participation loans are loans made by multiple lenders to a single borrower. Several banks, for example, might chip in to fund one extremely large loan, with one of the banks taking the role of the `lead bank.” This lending institution then recruits other banks to participate and share the risks and profits. The lead bank typically originates .....
A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal lending limit of an individual lender.
A large loan made by a group of lenders, that enables a borrower to obtain financing above the legal
[n] - a loan that is shared by a group of banks that join to make a loan too big for any one of them alone
loan participation noun a loan that is shared by a group of banks that join to make a loan too big for any one of them alone