Syndicating Facilities (End User)

In some instances, the facility requested by a customer might exceed the maximum amount that an organization can handle. In these cases, end users can syndicate the loan to spread the loan facility among other organizations.

To syndicate a facility

1. Navigate to the Commercial Loan screen.

2. In the Request list, drill down on a commercial loan request.

3. Click the Facility Syndication view tab.

4. In the Borrower list, select a borrower.

5. In the Loan Facility list, select a facility for the borrower.

6. In the Bank Syndication list, add a record and complete the necessary fields.