SNCs are also known as:

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SNC stands for "syndicated loan." SNCs are loans where multiple lenders pool their funds to provide financing to a single borrower. This is different from a traditional loan where a single lender provides the funding. SNCs are often used for large, complex financing needs such as corporate acquisitions, real estate development, or major infrastructure projects. SNCs can offer advantages to both the borrower and the lenders, including lower financing costs, reduced risk through diversification, and access to larger amounts of funding.

SNCs Are Also Known As