FOLIO Ontology

Bilateral Loan

IRI:
https://folio.openlegalstandard.org/R5G2alI4BL0BEEMwALfymJ
Preferred Label Single-Lender Loan
Alternative Labels
Direct Loan Unilateral Loan

Definition

A Bilateral Loan is a loan agreement between a single borrower and a single lender, typically used for straightforward financing needs. Unlike syndicated loans, bilateral loans involve direct negotiation and agreement on terms between the two parties, offering simplicity and flexibility in loan structuring.

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