An Appraisal Of Loan Syndication As A Technique Of Business Financing In Nigeria

INTRODUCTION 1.1BACKGROUND OF STUDY A large capital project that needs huge investment always encounter problems like insufficiency of funds for capital investments which is a common factor in every economy, more especially in developing countries like Nigeria.  Business firms and financial institution like merchant banks and commercial banks have fund ways of solving the problems, (insufficiency of funds for capital investment). One  of the remedies is the loan syndicate or multiple credit facilities which is targeted at spreading risks weakening the input of restricting laws, rules and regul…