Participation Lending - Strengthen and expand your lending capabilities
Credit unions continuously look for ways to broaden their product portfolio in an effort to better position their organization for future success. Symitar’s Participation Lending module enables credit unions to expand their lending options, diversify loan portfolios, and mitigate risk. Administered by one financial institution and partially owned with other financial institutions, participation loans are an additional revenue source benefitting several credit unions. By sharing funding and spreading the risk, this credit union partnership opens the door to larger business lending opportunities than a single credit union could handle.