How To Choose A Participation Partner
Now more than ever credit unions are recognizing the importance of a well-diversified loan portfolio to mitigate risk while growing loans to maximize member value. But how do credit unions diversify and grow loans when bound by SEG-based or community membership charters? Participation loans are a convenient and cost-effective way to grow loan balances with quality assets, while enjoying geographic and asset class diversification.
Join us for a discussion on how to choose a participation partner. We’ll cover the basics of how to find a partner, explore the benefits of participation partners, and demonstrate how your credit union can diversify and grow loans through participation lending.
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“Extensia helps our company take out new loans, refinance existing loans, and even modify an interest rate to a more competitive level.”