1. 
   
   
   
   

   
   mso-fareast-font-family:"Times New Roman"">In our economy today, investment in
   
   capital project requires large capital outlay. The cost of these investment
   
   have made it impossible for one financial institution to finance such investment
   
   requiring huge capital outlay.

   
   
   
   
   

   
   mso-fareast-font-family:"Times New Roman"">Banks as supplier of fund, need to
   
   endeavour to meet these demand in the interest of National economy if domestic
   
   investment and production would not seriously hampered, hence the need for loan
   
   syndication.

   
   
   
   
   

   
   mso-fareast-font-family:"Times New Roman"">In view of the growing trend of loan
   
   syndication in Nigeria, attempt have made to survey to which business firms
   
   employ syndicated loan as financing source, after comprehensive study of vital
   
   issues involved on loan syndication, meaning and genesis 

   
   
   
   
   

   
   mso-fareast-font-family:"Times New Roman"">In addition, previous writers on
   
   loan syndication concentrated on the basic issues involved in loan syndication
   
   and it’s benefits to the financial institutions ad the economy without any
   
   attempt to appraise it form the point of view of the borrower.

   
   
   
   
   ndication as a source of business financing in nigeria

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