In a(n)__________ loan,more than one lender enter into concurrent direct obligations with the borrower to make the loan.

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This type of loan is called a syndicated loan. It allows multiple lenders to share the risk and the costs associated with the loan, while also allowing the borrower to access larger amounts of capital than they might through a single lender. Each lender enters into a direct obligation with the borrower, sharing the loan amount and any associated risks.

In A(n)__________ Loan,more Than One Lender Enter into Concurrent Direct