“Originating loans has been a major problem for us over the last few years. Buying loan participations has become an important element of our strategy for growing our loan to share ratio.” -Mike Popadiuk, Finance Manager, Newport News Municipal. See full post here.
PriorityONE Credit Union of Florida ($91mm) launched its loan participation program with LoanStreet Inc. in 2017, with an immediate and dramatic effect, increasing its loan to share ratio to well above its peers.
