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PARTICIPATION LENDING PROGRAM (PLP) n×The PLP is intended to provide Wisconsin businesses with financing that could not otherwise be secured through traditional lending. N×The program partners WHEN
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Participation Lending Program WPLP is a program where multiple lenders come together to fund a single loan, sharing the risks and rewards.
Financial institutions and lenders who participate in the program are required to file Participation Lending Program WPLP.
The program must be filled out with the necessary information about the loan, lenders, and terms as per the guidelines provided by the regulatory authorities.
The purpose of the program is to provide greater access to credit by spreading the risk among multiple lenders.
Information such as loan amount, lenders involved, terms of the loan, and risk sharing arrangements must be reported on Participation Lending Program WPLP.
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