answersLogoWhite

0

What is consortium financing?

Updated: 9/16/2023
User Avatar

Wiki User

14y ago

Best Answer

Under consortium financing, several banks (or financial institutions) finance a single borrower with common appraisal, common documentation, joint supervision and follow-up exercises, these banks have a common agreement between them, the process is somewhat similar to loan syndication.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is consortium financing?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is consortium lending?

Consortium Lending is that type of lending in which two or more banks come together to finance the big projects requiring huge amount of money. Consortium lending is usually done by banks to distribute the risks among the group of banks ,it is also used by smaller banks to use as an opportunity to be a part of the big project financing and to gain expertise in this area. Big banks by resorting to consortium lending not only saves their prospective customers but also builds good relations with other banks.


When was Cutter Consortium created?

Cutter Consortium was created in 1986.


When was Atlas Consortium created?

Atlas Consortium was created in 2005.


When was London Consortium created?

London Consortium was created in 1993.


When was ACAC consortium created?

ACAC consortium was created in 2002.


When was WIDA Consortium created?

WIDA Consortium was created in 2002.


What is the plural form of consortium?

The plural of consortium can be either consortia or consortiums.


How would you use consortium in a sentence?

The building was purchased by a consortium of investors.


When was British Retail Consortium created?

British Retail Consortium was created in 1992.


When was New Media Consortium created?

New Media Consortium was created in 1993.


When was Consortium for School Networking created?

Consortium for School Networking was created in 1992.


When was Consortium of Humanitarian Agencies created?

Consortium of Humanitarian Agencies was created in 1997.