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Participation Loans Lenders and borrowers can team up with other lenders and borrowers to reduce their exposure to risk and increase their profits. These relationships, which come in many flavors, are called participation loans.
The participant will, however, have the right to pay the legal team the participation seller hires and directs to enforce the loan. Not a very tempting alternative, is it? There can always be issues peculiar to a given loan, but if you have a choice, itâs usually better to take an assignment rather than a participation.