Multiple co-lender arrangements generally fall into two categories. The first category, participations, involve arrangements whereby a lender sells or assigns all or part of a loan which such lender has made to a borrower, to one or more purchasers, or assignees. The second category, joint loans, involves syndicated lending arrangements whereby two or more lenders join together, generally under a common loan agreement, to make a loan or loans to a borrower. Download this white paper for further details on these loans.
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