If used correctly, loan participations and syndications are beneficial to community banks. They can be used to increase growth and earnings, diversify credit risk, and deploy excess liquidity. If not used properly, however, loan participations and syndications can cause the institution to lose control over the lending relationship resulting in credit losses. This webinar will explain the differences between loan participations and syndications, and the benefits and pitfalls of each. It will review the important terms to look for in each agreement and explain the analysis your institution should use in determining which is the best solution in your situation.
- Differences between a loan participation, syndication, loan purchase, and assignment
- Responsibilities of the lead lender in a loan participation as compared to a syndication
- Responsibilities of the participant in a loan participation as compared to a syndication
- Things to look out for in loan participations and syndications
- Important provisions in the loan participation agreement and the syndication agreement
- How to determine which is best in your situation
WHO SHOULD ATTEND?
This informative session will benefit loan officers, loan operations personnel, credit administration staff, managers, compliance officers, auditors, and attorneys.
ABOUT THE PRESENTER – Elizabeth Fast, JD, CPA, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. She is a member of the Missouri State Banking Board by appointment of the Governor.
Originally recorded on September 21, 2017.
Recorded webinar link is available until March 31, 2018.
Free Digital Copy included with purchase to download and view beyond link expiration date.
Price includes sales tax.