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Lead Banks and Loan Participations

Question: 
What are the responsibilities of a lead bank in a loan participation?
Answer: 

Managing the requirements of loan participations can be complicated, especially for the lead bank. Issuing pro-rata shares of loan payments, performing ongoing due diligence, and issuing documents to downstream participants are just a few of the responsibilities involved with loan participations.

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Read more about loan participations.

Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 08/29/2021

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