In our economy today, investment in capital project requires large capital outlay. The cost of these investment have made it impossible for one financial institution to finance such investment requiring huge capital outlay.
Banks as supplier of fund, need to endeavour to meet these demand in the interest of National economy if domestic investment and production would not seriously hampered, hence the need for loan syndication.
In view of the growing trend of loan syndication in Nigeria, attempt have made to survey to which business firms employ syndicated loan as financing source, after comprehensive study of vital issues involved on loan syndication, meaning and genesis
In addition, previous writers on loan syndication concentrated on the basic issues involved in loan syndication and it’s benefits to the financial institutions ad the economy without any attempt to appraise it form the point of view of the borrower.
Research, A.
(2018). LOAN SYNDICATION AS A SOURCE OF BUSINESS FINANCING IN NIGERIA. Afribary. Retrieved from https://afribary.com/works/loan-syndication-as-a-source-of-business-financing-in-nigeria
MLA 8th
Research, Afri
"LOAN SYNDICATION AS A SOURCE OF BUSINESS FINANCING IN NIGERIA" Afribary. Afribary, 03 Feb. 2018, https://afribary.com/works/loan-syndication-as-a-source-of-business-financing-in-nigeria. Accessed 28 Mar. 2024.
MLA7
Research, Afri
. "LOAN SYNDICATION AS A SOURCE OF BUSINESS FINANCING IN NIGERIA". Afribary, Afribary, 03 Feb. 2018. Web. 28 Mar. 2024. < https://afribary.com/works/loan-syndication-as-a-source-of-business-financing-in-nigeria >.
Chicago
Research, Afri
. "LOAN SYNDICATION AS A SOURCE OF BUSINESS FINANCING IN NIGERIA" Afribary (2018). Accessed March 28, 2024. https://afribary.com/works/loan-syndication-as-a-source-of-business-financing-in-nigeria
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