Product/Service Spotlight
Loan Participations
Looking for immediate liquidity to fund ongoing loan demand? Do you need a source of additional loan assets to enhance the yield of your retained loan portfolio?It was once thought that the only credit unions that benefited from loan participations were those in need of liquidity. Today, you can also use loan participation as a balance-sheet management tool to boost your credit union's loan yield and diversify your loan portfolio.
If loan demand exceeds your existing capacity, WesCorp stands ready to purchase any excess loans on a recourse, limited subordination or non-recourse basis. You can continue making loans or introduce new loan products to your members with the confidence that liquidity is just a phone call away.
For those not able to generate acceptable loan demand, purchasing loan participations through WesCorp provides an excellent solution for excess liquidity.
If you have any questions how loan participations might fit into your asset/liability management strategies, please contact Lorena Paredes at (800) 442-4366, ext. 6426, or e-mail her
here.