Talon Resources Targets Ontario Gold Growth After AIM Move and Eagle Lake Acquisition, CEO Says.Watch here

Less Ads, More Data, More Tools Register for FREE

Syndicated Loan

Definition of 'Syndicated Loan'

A loan which is financed by a syndicate of banks or other financial organisations. This kind of loan is often offered to Less Developed Countries.

This gives the benefit that lenders can each contriubute a small part, such that risk is shared with other institutions. A single lender may negotiate a certain loan, and then look to other financial institutions for them to lend part of the loan.