Selling Loan Participations

What are the benefits of selling loan participations?

Here are the top five:

1. Boost Liquidity – Sell a portion of your loan portfolio and use the funds to support other initiatives at your credit union with peace of mind that Alloya provides full financial transparency.
2. Produce Income – Expand your credit union’s lending capacity, generate non-interest income and generate servicing income.
3. Manage Risk – Reduce the number of loans on your balance sheet to fit your asset/liability management needs.
4. Maintain Member Relationships – Your member relationships are important, and we recognize that! Find peace of mind knowing your credit union’s member relationships will not be impacted nor compromised by selling pools of loans to other credit unions.
5. Alloya Makes It Easy – From start to finish, the transaction happens inside our online Loan Participation Platform for a centralized, fully automated experience. One standardized agreement makes deal negotiation a breeze and due diligence documentation gets uploaded once and you’re set for good. Plus, monthly reporting is simple. Upload a single file and Alloya takes it from there to handle reporting and remittance funding transfers.

Tell me about the process and why I should partner with Alloya.

Selling loan participations doesn’t have to be a headache. A formerly manual process becomes automated and streamlined for a painless participation experience in Alloya’s online Loan Participation Platform.