What is a syndicated loan?
Syndication Process Overview
In this section, Karen Ruskin explains the concept of syndication in financing deals.
Syndication Process Explanation
- Syndication involves one lender seeking other lenders to finance a single deal with a borrower. It is common for large deals or when risk-sharing is needed.
- Big banks utilize syndication desks to manage the process of spreading the deal among participants in their network.
- Mid-sized lenders lack syndication desks but still require syndication capabilities. Matachi offers a digital solution through its marketplace for lenders seeking participation in syndicated deals.