syndicated loan

Popular Terms
Large loan arranged jointly by two or more financial institutions to share the risk involved. Also called multibank credit or syndicated credit.

Use 'syndicated loan' in a Sentence

The syndicated loan was monumental in securing our market position because it allowed us to deliver to a new continent.
18 people found this helpful
We wanted to build a new franchise convenience store in a small town so the Credit Union and the Bank collaborated in a syndicated loan to make our franchise purchase a reality.
15 people found this helpful
As a 3 million dollar loan was too much risk for one financial institution to assume, ABC Company was forced to obtain a syndicated loan from Greedy bank, inc and High Interest Banks of America.
14 people found this helpful

Email Print Embed