Loan transferability

From ACT Wiki
Revision as of 15:02, 20 July 2015 by imported>Doug Williamson (Link with Assignment and Sub-participation pages.)
Jump to navigationJump to search

A feature of loan documentation, giving lenders the right to transfer the loan to a different lender.

Lenders value loan transferability, as it gives them the flexibility to manage their balance sheets by fine-tuning their asset portfolios to meet capital adequacy requirements, or for other purposes.


See also