Syndications
Overdraft is a form of working capital finance used to finance a company’s operations
Open an account nowWhere a financing request or risk is too large for the bank, Access Bank shall invite other banks/lenders to jointly provide the financing.
A syndicated loan is one that is provided by a group of lenders and is structured, arranged, and managed by one or several commercial or investment banks known as arrangers.
Access Bank has an impressive record in arranging various syndicated credit facilities for leading companies and multinational customers in the past and is well placed to assist customers with syndicated finance for viable projects.
The syndicated loan market has become the dominant way for issuers to tap banks and other institutional capital providers for loans. The reason is simple: syndicated loans are less expensive and more efficient to administer than bilateral, or individual, credit lines.
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