A syndicated loan, or syndication, is a loan provided by a group of lenders and structured, arranged and administered by one or more banks known as lead arrangers. Syndication lets lenders share credits too large for any single lender. LoanStreet CLS automates syndicated loan servicing and club deal servicing.
Syndicated lending is also common in Europe under LMA (Loan Market Association) standards, with LoanStreet CLS servicing those deals as well.